Key Takeaways
- The IT officials raided Vivek Venkataswamy’s properties in Hyderabad and Mancherial.
- Investigations focus on alleged Rs eight crore financial transactions linked to his company.
- The raids may influence the political prospects of the Congress candidate ahead of elections.
Hyderabad: Income Tax (IT) officials conducted searches at the residences and offices of former MP and Congress candidate Vivek Venkataswamy in Hyderabad and Mancherial on Tuesday.
The searches commenced in the early hours of today at locations including Somajiguda in Hyderabad, Mancherial, and his office in Begumpet, according to sources.
The IT officials initiated the searches based on reported transactions amounting to Rs eight crore for his company.
