Hyderabad: ED searches on Pride India in PMLA case

U Sudhakar Reddy / TNN / Updated: Nov 03, 2021, 09:31 IST

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Enforcement Directorate (ED) officials on Tuesday conducted searches at several locations in the city related to a Prevention of Money Laundering Act case booked against Pride India Mansions, a real estate company.

HYDERABAD: Enforcement Directorate (ED) officials on Tuesday conducted searches at several locations in the city related to a Prevention of Money Laundering Act case booked against Pride India Mansions, a real estate company.Hyderabad police had initially booked an FIR over irregularities of Rs 3.5 crore in a land deal. ED conducted searches on the residence of Abdul Hameed Baig and offices of Pride India Mansion at Kanchanbagh in Santoshnagar. “The directors of Pride India Mansions are Abdul Hameed Baig and Mohammed Ameenuddin Shaik,” an ED official said.

About the Author

U Sudhakar Reddy

Sudhakar Reddy Udumula is the Editor (Investigation) at the Times of India, Hyderabad. Following the trail of migration and drought across the rustic landscape of Andhra Pradesh and Telangana, Sudhakar reported extensively on government apathy, divisive politics, systemic gender discrimination, agrarian crisis and the will to survive great odds. His curiosity for peeking behind the curtain triumphed over the criminal agenda of many scamsters in the highest political and corporate circles, making way for breaking stories such as Panama Papers Scam, Telgi Stamp Paper Scam, and many others. His versatility in reporting extended to red corridors of left-wing extremism where the lives of security forces and the locals in Maoist-affected areas were key points of investigation. His knack for detail provided crucial evidence of involvement from overseas in terrorist bombings in Hyderabad.

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