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ED summons ex-union minister & TDP MP Y S Chowdary in bank loan fraud case

The ED said it has conducted searches in eight locations, seven in Hyderabad and one in Delhi

Enforcement Directorate
The office of Enforcement Directorate (ED). Photo: Suryakant Niwate

The Enforcement Directorate (ED) has summoned former Union minister and TDP MP Y S Chowdary for questioning on Tuesday in connection with alleged multiple financial irregularities, including the defrauding of banks to the extent of Rs 57 billion.   The ED said it had conducted raids in eight locations, seven in Hyderabad and one in Delhi, including the residence of Sujana Chowdary (as the former minister is popularly known), besides the offices of his Sujana Group of companies and other places on Friday, following a trail in an ongoing investigation.   The agency has declared ...