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Agri Gold 20,000 Crore Scam

Congress MLC Ponguleti Sudhakar Reddy has appealed to Chief Minister K Chandrsekhar Rao to order a CID enquiry into alleged misappropriation of funds by Agri Gold Group of Companies to the tune of around ` 20,000 crore.  In a letter addressed to the Chief minister, he alleged that the company had not paid the maturity amount to depositors though deposits had got matured. He pointed out that he had received several complaints from Khammam district in the State.

He urged the CM to initiate swift probe into the incident and take stringent action against the company

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