BS-IV \'scam\': ED attaches ex-Telugu Desam MLA Prabhakar Reddy\'s assets
Deccan ChronicleNew Delhi: The ED said Wednesday it has attached assets worth more than Rs 22 crore of former Andhra Pradesh TDP MLA J C Prabhakar Reddy, his associates and companies linked to them in a case related to an alleged BS-IV vehicles scam. However, Jatadhara Industries Pvt Ltd, "controlled" by Reddy, C Gopal Reddy and others, in "contravention" to the apex court's order, purchased BS-III vehicles from Ashok Leyland Ltd at discount and "fraudulently" registered the same as BS-IV vehicles by fabricating invoice copies, the agency alleged. "ED has gathered evidences in the form of fabricated invoices from RTO authorities in Nagaland and original invoices issued by Ashok Leyland as scrap for the some vehicles and established the crime. Hence, movable properties worth Rs 6.31 crore, consisting of bank balances, cash, jewellery and receivables, as well as 68 immovable properties valued at Rs 15.79 crore belonging to J C Prabhakar Reddy, his family members, companies controlled by him like Diwakar Road Lines and Jatadhara Industries Pvt Ltd, and C Gopal Reddy and his family members have been attached after a provisional order was issued by the agency under the Prevention of Money Laundering Act.