Overview
- The Directorate of Enforcement registered a money‑laundering case under the PMLA against S. Bheem Reddy after the Anti‑Corruption Bureau’s July searches identified disproportionate assets.
- Those July searches at 16 locations in Telangana and Karnataka uncovered documents, cash, about 2 kg of gold, 20 kg of silver and records that ACB estimates link to roughly ₹300 crore in assets.
- Bheem Reddy was arrested by the ACB on July 6 from his Vessella Meadows residence and sent to Chanchalguda Central Jail as investigators built the case.
- The Income Tax Department’s Benami Prohibition Unit has opened a parallel benami case and the ED says it will issue notices and question Reddy and suspected benamidars after completing its preliminary probe.
- If the ED links assets to illicit proceeds the agency can attach properties and seek prosecution under the PMLA, a step that reflects how central agencies pursue suspected corruption once a predicate probe by the ACB uncovers disproportionate assets.