Jump to content

kalanikethan fraud ..laxmi sarada arrested


chichi

Recommended Posts

20 minutes ago, Kontekurradu said:

no audio intaki eam jarigindi brief me please  Kontekurradu

Dharmavaram vendors ki 9C bokka pettaru anta; bills not paid

Link to comment
Share on other sites

9 minutes ago, BMW said:

Matter sollandi evarainaa no video 

 

24 minutes ago, Kontekurradu said:

no audio intaki eam jarigindi brief me please  Kontekurradu

The maligned activities of Kalanikethan are coming out one after the other and the police has arrested its MD Lakshmi Sarada in Hyderabad yesterday evening and she was present before Dharmavaram court today morning over defaulting crores to the weavers of Dharmavaram. Lakshmi Sarada is remanded for fourteen days by the court and is sent to Dharmavaram jail.

Link to comment
Share on other sites

n the name of business partnership, Leela Kumar had reportedly taken property papers of friends, relatives and associates. These papers he presented in the banks and borrowed loans to the tune of crores. The CCS investigation revealed that he, however, gave partnership documents to very few of these "partners". This way he duped the "partners" and banks at the same time.

Another section of victims in the scam are the suppliers to the Kalanikethan showrooms. The company has 21 outlets throughout the country. Wholesalers, local manufacturers supplied huge quantity of material to these outlets. Managed by Leela Kumar the dues to these suppliers alone stand at Rs. 75 crore and have never been paid. This is in addition to the over Rs. 100 crore loans from several banks.

Link to comment
Share on other sites

5 minutes ago, chichi said:

 

The maligned activities of Kalanikethan are coming out one after the other and the police has arrested its MD Lakshmi Sarada in Hyderabad yesterday evening and she was present before Dharmavaram court today morning over defaulting crores to the weavers of Dharmavaram. Lakshmi Sarada is remanded for fourteen days by the court and is sent to Dharmavaram jail.

Chichi ?

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...