The Hindu·3 min read·medium

ED summons Serilingampally MLA Arekapudi Gandhi in Sahiti Infratec money-laundering probe

T
The Hindu Bureau
ED summons Serilingampally MLA Arekapudi Gandhi in Sahiti Infratec money-laundering probe
✦AI Summary

The Enforcement Directorate has summoned MLA Arekapudi Gandhi regarding a money-laundering investigation into Sahiti Infratec Ventures. The probe centers on the alleged diversion of over ₹800 crore collected from homebuyers for residential projects.

Why it matters

This case underscores the ongoing regulatory crackdown on real estate fraud and political corruption in India, affecting thousands of homebuyers.

✦Dive DeeperCreate a free account to unlock

The Enforcement Directorate (ED) has summoned Serilingampally MLA Arekapudi Gandhi for questioning in its money-laundering probe into Sahiti Infratec Ventures India Private Limited (SIVIPL) , after around ₹2.1 crore from the company was allegedly found to have been routed through his bank accounts.

The ED issued the summons on Thursday (September 24, 2026) asking Mr. Gandhi to appear before the agency on Monday (September 28, 2026). Investigators are expected to question him about the nature and purpose of the transactions and seek an explanation for the money received from the company.

The summons come as part of the ED’s wider investigation into the alleged diversion of money collected by SIVIPL from homebuyers. The agency took up the money-laundering probe on the basis of cases registered by the Telangana Police against the company, its managing director B. Lakshminarayan and others following complaints from buyers.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesspolitics
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in