TDP MP Chowdary rejects ED's money laundering allegations against him

Chowdary said that he had told the investigating officials that he would not be able to appear for questioning on Tuesday owing to Parliament Sessions

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

Former minister and Rajya Sabha member Y S Chowdary on Sunday refuted the Enforcement Directorate(ED)'s charges against him involving the defrauding of banks by his group companies among other offences allegedly committed in violation of the Prevention of Money Laundering Act (PMLA). Chowdary said he has no role in the functioning of Sujana Group companies, as he had relinquished the executive positions in 2010 when he was first nominated to the Rajya Sabha. He also claimed that the Best & Crompton Engineering Projects Limited (BCEPL) against which the investigation was first ...