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CID officials opens Krushi Bank Chairman lockers

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Krushi Bank

CID officials opens Krushi Bank Chairman lockers

Information on Mumbai investments retrieved says sources

Hyderabad, July 5, 2006

The electronically coded locker of Krushi Bank former Chairman K.Venkateswara Rao was opened by the CID officials on July 4. After the scam broke out, the locker could not be opened by the CID officials due to lack of password. During investigation, he revealed the password and the officials opened the locker.

According to sources, some incriminating documents pertaining to him and his investments in Mumbai and other cities were retrieved from the locker. He said that he is facing danger from some persons and said that he would clear off all the dues to his depositors by selling away whatever property he had. The remand expires on July 7 and the CID officials is still undecided on whether to seek further custody of the accused.

This is an archive news page about an event that happened in the past. The News / Information might have changed in subsequent days as news gets developed. This page exists for referance purpose only.

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Andhra Pradesh on July 5, 2006

Hundreds of villages marooned in six districts
Water levels in Godavari river rising

Medical teams constituted
Collectors advised to ensure adequate supply of medicines

Sachdev tourney postponed
Tournament postponed due to heavy rains

CID officials opens Krushi Bank Chairman lockers
Information on Mumbai investments retrieved says sources

Nandavaram Agricultural Officer in ACB net
Booked for accepting bribe

Andhra Bank signs MoU with IIIT
To provide Educational Loans for students

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