All these days, Telugu Desam Party president and Andhra Pradesh chief minister N Chandrababu Naidu had been crying from roof tops that the central agencies have been targeting only his party leaders in bid to attack their morale and project them as villains before the people.
But the Tuesday’s raids by the Central Bureau of Investigation and Income Tax authorities on the houses and offices of YSR Congress party leader Kanumuri Raghurama Krishnam Raju nailed Naidu’s allegations.
When it comes to misappropriation of funds, the central agencies have proved that they have no bias towards or against any political party.
The CBI and IT officials raided the houses of Raghurama Krishnam Raju both in Hyderabad and West Godavari.
Raju contested on YSRC ticket from Narsarpuram parliamentary constituency and is also an industrialist.
The raids began early in the morning on Raju’s house at Boulder Hills of Emaar Properties at Gachibowli.
Though it is not known whether the CBI was acting on any complaint from any political rival, but the authorities conducted thorough searches on the house to seize several documents.
There have been allegations that Raghurama Krishna Raju's companies had defaulted loans taken from different banks.
Apparently, one of the banks might have lodged the complaint against him that led to the raids by CBI.
According to sources, CBI and IT officials from Tamil Nadu and Bengaluru are conducting the raids allegedly on the evasion of Bank loans by his companies.