CBI raids on the properties of YSRCP leader Raghurama Krishnam Raju in Hyderabad

The Central Bureau of Investigation (CBI) officials reportedly conducted raids on the residence and other properties of YSRCP leader K Raghu Rama Krishnam Raju in Hyderabad since morning hours on Monday.

According to I-T sources Tamilnadu and Bengaluru CBI officials are conducting the raids allegedly on the evasion of Bank loans by his companies. Reports are coming that searches are also going at his house in West Godavari.

Raghu Rama Krishnam Raju is an Industrialist from West Godavari of Andhra Pradesh and he contested recently held Lok Sabha Elections from Narasapuram on behalf of YSRCP.