The Enforcement Directorate (ED) has seized digital devices, “incriminating documents” and unaccounted cash of ₹10.39 lakh during searches carried out in the residences of former office-bearers of the Hyderabad Cricket Association Gaddam Vinod, Shivlal Yadav and Arshad Ayub.
The searches were conducted at nine locations across the State under provisions of the Prevention of Money Laundering Act. The office premises of SS Consultants Pvt. Ltd. and the residential premises of its MD Satyanarayana were also searched.
According to the ED, searches showed that one of the premises of Gaddam Vinod was being used as an office for several companies owned and controlled by his brother and politician Gaddam Vivekanand.