Will Mahesh Babu Appear for ED Inquiry? Tollywood Awaits

Mahesh Babu Appear for ED Inquiry: Tollywood icon Mahesh Babu is at the focal point of a high-profile investigation by the Enforcement Directorate (ED). The inquiry is connected to suspected money laundering activities by Hyderabad-based real estate companies. Saisurya Developers and Surana Group of Companies. The actor has been summoned to attend questioning today at the ED office in Basheerbagh, Hyderabad.

The Case Details

The ED probe follows complaints filed by Saisurya Developers and Surana Group for fraudulent activities including the sale of plots in unauthorized layouts and subsequent resale of the same plots to different buyers. The companies are said to have received large amounts from these ventures. Resulting in financial losses for unsuspecting investors. The ED has found that Mahesh Babu has been paid Rs. 5.9 crores by Saisurya Developers for promoting their ventures.

Payment Breakdown

The payments to Mahesh Babu were split into two parts, Rs. 3.4 crores paid through cheques and Rs. 2.5 crores in cash, according to ED officials. The cash payments have raised eyebrows. Since they could be proceeds of crime earned through criminal activity. Although the actor is not directly involved in the operational part of the scam. The ED is probing the nature of the payments received by him.

Suspense Over Appearance

So far, there has been uncertainty regarding Mahesh Babu’s appearance before the inquiry. The response of the actor to the ED summons is yet to be ascertained. Adding a dash of suspense over the ongoing inquiry. His role in the case has created extensive media interest, with fans and industry professionals eagerly waiting to know the developments.

Also Read: ED Notice to Mahesh Babu: Linked to ₹100 Crore Real Estate Scam?

The ED question is a dramatic shift in the money laundering case against Saisurya Developers and Surana Group. Mahesh Babu’s connection with the companies has catapulted the investigation into the limelight. As the investigation continues. It is to be seen how the involvement of the actor in the case will be explained. The development highlights the significance of transparency and accountability in celebrity endorsements.