TDP MLC Deepak Reddy amassed Rs 15,000 Cr Wealth

TDP MLC G Deepak Reddy was arrested and sent to Chenchalguda jail on Wednesday in connection with the land scam case. More and more details are coming out on the TDP leader with the latest being that Deepak Reddy had mentioned in his 2012 election affidavit that he had completed his graduation within a year.

Son-in-law of Anantapur MP JC Diwakar Reddy, Deepak Reddy has more than Rs 6,455 crore worth property in various places in Hyderabad. Also, the Crime Branch officials informed that the TDP MLC had amassed a wealth of Rs15,000 crore in the form of prime lands and property in the city.

He was arrested over the charges of producing fake property documents on the name of benamis for the land worth Rs 163 crores in Asif Nagar, Hyderabad.

The TDP MLC has shown Rs 7,000 crores property in the nomination affidavit. Deepak Reddy is said to have illegally registered land in the names of dead people and later placed petitions in court, claiming that the lands were his. Police arrested Deepak Reddy with evidence along with his lawyer Sailendra Saxena, and realtor Srinivas.

Reports reveal that the TDP MLC has managed to grab a whopping 3,128 acres in a single location in Telangana, 16,000 square yards in Jubilee Hills, 13,224 square yards in Banjara Hills Road No. 12, 2400 square yards in Bengaluru which are in the name of his wife, 3 acres land in Kotwal Guda near Shamshabad area, 8084 square yards at Banjara Hills, Road No. 12 and 840 square yards in Raidurg area under Serilingampally mandal.