Overview
- A division bench suspended the 2023 Lok Adalat settlement and directed the CID/CB‑CID to collect all police and TTD records, including board decisions, and submit them in a sealed cover before the next hearing on October 13.
- Two TTD board members released CCTV clips from April 29, 2023, saying they show recurring thefts at the Parakamani; they questioned why an FIR recorded only USD 900 when the accused was allegedly caught with about USD 11,300.
- Opposition leaders from TDP and BJP allege roughly ₹100 crore in foreign currency was siphoned over years, diverted into real estate and to political beneficiaries, and that the case was steered toward a compromise via Lok Adalat.
- YSRCP leaders, including former TTD chairman Bhumana Karunakar Reddy and MP Maddila Gurumoorthy, deny wrongdoing, say the theft was detected under their watch, cite properties returned to TTD, and have asked for a CBI probe and a Supreme Court‑led judicial inquiry.
- A TTD vigilance note cited by board members claims officials were pressured by police to settle, intensifying scrutiny of procedural decisions and the roles of former TTD and government functionaries.