You Searched For "Ramoji Rao"
Chit Fund scam: Ramoji Rao-led MCFPL 'operates' ghost chit groups; company on verge of collapse
Many chit memberships were run without knowledge of persons by impersonating common citizens and in some cases branch managers have fraudulently...
By Sri Lakshmi Muttevi Published on 21 Aug 2023 4:13 AM GMT
Margadarsi Chit Fund scam: AP RoC decides to wind up Ramoji Rao–led company's chit groups
Margadarsi in a media statement said, the Government of Andhra Pradesh has initiated a direct attack through constant persecution and witch hunting...
By Sri Lakshmi Muttevi Published on 31 July 2023 5:29 AM GMT
Margadarsi Chit Fund Scam: Andhra govt files defamation case against 'Eenadu' chairman Ramoji Rao
The newspaper allegedly leveled baseless allegations against CID and the government prompting the administration to initiate legal action
By Sri Lakshmi Muttevi Published on 5 July 2023 5:22 AM GMT
Margadarsi Chit Fund Scam: AP CID summons Ramoji Rao for questioning on July 5 in Guntur
The CID is also expected to issue a summons to MD Sailaja Kiron, A2 in the case. Earlier, Ramoji Rao and Sailaja Kiron were questioned in Hyderabad...
By Newsmeter Network Published on 22 Jun 2023 12:27 PM GMT
Margadarsi Chit Fund Scam: 9 branches in AP set for closure, Rs 604 Crore up for distribution
Nine branches with 23 groups in Andhra Pradesh were found violating norms. There are having 1,025 subscribers in 23 groups. Orders will be issued to...
By Sri Lakshmi Muttevi Published on 20 Jun 2023 1:26 PM GMT
Chit fund scam: Margadarsi properties worth Rs 242 Cr attached; total seizure reaches Rs 1035 Cr
The company operates chit groups ranging between Rs 50,000 to Rs 1,00,00,000, and presently, 1989 active chit groups are operating in Andhra Pradesh,...
By Sri Lakshmi Muttevi Published on 16 Jun 2023 2:44 AM GMT
AP CID attaches properties worth Rs 793 Crore of Margadarsi Chit Fund
A GO has been issued by Principal Secretary Harish Kumar Gupta, Government of Andhra Pradesh to attach movable properties worth Rs 793 Crore of MCFPL
By Sri Lakshmi Muttevi Published on 29 May 2023 3:55 PM GMT
Andhra CID asks ED, IT dept to probe Margadarsi chit fund; Company denies any wrongdoing
The CID suspects that the people depositing the funds with the chit fund company could be "common people or fictitious"
By Newsmeter Network Published on 13 April 2023 4:55 AM GMT
Margadarsi chit fund scam: CID questions Eenadu chairman Ramoji Rao, Cherukuri Sailaja
Andhra Pradesh began questioning of Eenadu Chairman Cherukuri Ramoji Rao in Margadarsi chit fund scam
By Newsmeter Network Published on 3 April 2023 8:00 AM GMT
AP CID arrests Margadarsi auditor for abandoning due diligence
Officials seized his laptop along with some records from his possession
By Newsmeter Network Published on 31 March 2023 2:45 AM GMT
Chit fund scam: Andhra CID issues notice to Ramoji Rao, daughter-in-law for questioning
Given four dates, CID asked them to inform the convenient date for questioning
By Newsmeter Network Published on 28 March 2023 5:17 AM GMT
No coercive steps against Margadarsi Chit Fund’s Ramoji Rao: Telangana HC to AP CID
The TS HC directed the AP CID not to make any searches till March 20
By Newsmeter Network Published on 14 March 2023 3:15 AM GMT
