Now Reading: ED searches YSRCP MP Avinash Reddy premises, seizes Rs 24 lakh
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ED searches YSRCP MP Avinash Reddy premises, seizes Rs 24 lakh
The Enforcement Directorate on Friday searched seven locations in Hyderabad and Kadapa linked to YSRCP MP Y S Avinash Reddy and others in connection with the murder case of Y S Vivekananda…
The Enforcement Directorate on Friday searched seven locations in Hyderabad and Kadapa linked to YSRCP MP Y S Avinash Reddy and others in connection with the murder case of Y S Vivekananda Reddy. The agency seized unaccounted cash of Rs 24 lakh, incriminating documents, digital devices, and locker keys from the MP's premises.
The ED filed a PMLA case in 2025 based on a CBI FIR and three chargesheets. The CBI had accused Avinash Reddy, his father Y S Bhaskar Reddy, and others of conspiring to murder Vivekananda Reddy, who was found dead at his home in Pulivendula in March 2019. The CBI chargesheet alleged the accused were unhappy that Vivekananda Reddy's political rise could challenge their influence and promised Rs 40 crore for the murder.
m9.news reports that searches were conducted at 10 locations, including the residences of Avinash Reddy and YSRCP leader Devireddy Shankar Reddy, across Telangana and Andhra Pradesh. It notes the ED action adds financial scrutiny to the ongoing CBI investigation and is likely to be closely watched within the YSR Congress party. The MP has not yet commented on the searches.
Indian Opinion Analysis
The Federal's wire copy leads with the ED's official seizure figure of Rs 24 lakh and details from the CBI chargesheet, presenting the action as a straightforward investigation. m9.news frames the searches as a significant escalation after Avinash Reddy had "so far avoided any significant action," using language that suggests political implications for the YSRCP camp. The key difference is emphasis: The Federal sticks to case facts, while m9.news stresses the timing and political vulnerability. A careful reader should note that the ED action is procedural and based on existing CBI chargesheets, the political framing adds context but not new evidence. Watch for any court response or further ED summons in the coming weeks.
Coverage: 2 sources, 1 neutral, 1 sensationalist
Sources (2): thefederal.com (neutral report), m9.news (sensationalist)
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
