A
high-profile probe has been launched by the Enforcement Directorate into alleged money laundering activities linked to two prominent real estate firms, Sai Surya Developers and the Surana Group. At the centre of this investigation are claims of widespread financial irregularities and deceitful practices that have left investors reeling.
According to sources, Telugu superstar Mahesh Babu has been issued a notice by the ED in connection with his alleged endorsement of projects tied to these developers. It is reported that he received a substantial fee of Rs 5.9 crore for his involvement, with Rs 3.4 crore paid via cheque and the remaining Rs 2.5 crore allegedly received in cash.
The Telangana Police have filed FIRs against the entities, accusing them of defrauding investors through unauthorised land sales, multiple plot sales, and fake registration guarantees. The ED suspects that Mahesh Babu's endorsement may have contributed to the public trust and attracted unsuspecting buyers who were unaware of the alleged scam.
While there is no indication that the actor was involved in the operational aspects of the scam, the ED is investigating his payments as part of a broader probe into questionable transactions amounting to Rs 100 crore. Meanwhile, Mahesh Babu remains busy with his upcoming film alongside SS Rajamouli and Priyanka Chopra, which went into production earlier this month.
