Ambidant company’s Fareed has told CCB that Janardhan Reddy and ED officials met at Taj Westend in Bengaluru and closed the deal.
Bengaluru: Former BJP minister Janardhan Reddy in trouble again after Ambidant company owner Fareed told central crime branch, Bengaluru, that Janardhan Reddy bribed an Enforcement Directorate official in Bengaluru to save them from probe.
Fareed, the owner of the Ambidant company, allegedly involved in the Ponzi scam, was arrested by Central Crime Branch (CCB) last week after several people complained against the company of duping several with crores of money. The I-T department recently raided Ambidant company after which Enforcement Directorate started the investigation.
The suspect, Fareed told CCB that after the ED raid they approached Ali Khan, a close aide of Janardhan Reddy to help them in closing this case. Later, Janardhan Reddy reportedly promised to help, but demanded Rs 21 crores, sources said.
Fareed has also told CCB that Janardhan Reddy and ED officials met at Taj Westend in Bengaluru and closed the deal.
Janardhan Reddy's Enable India Company allegedly received Gold Bars from Ambidant. The CCB has raided many places in Ballari and arrested a jewellery shop owner named Ramesh. The CCB is reportedly looking for Janardhan Reddy and Ali Khan.
Last Updated 11:19 AM IST