The Enforcement Directorate (ED) has issued a summons to Telugu superstar Mahesh Babu, asking him to appear on April 28, as part of an ongoing investigation into alleged money laundering involving two Hyderabad-based real estate firms—Sai Surya Developers and Surana Group.
💼 Allegations:
- Mahesh Babu reportedly endorsed projects for Sai Surya Developers, receiving a total of ₹5.9 crore:
- ₹3.4 crore via cheque
- ₹2.5 crore allegedly in cash
- The cash payment is now under scrutiny as suspected proceeds of crime.
- ED sources claim his endorsement influenced investors, many of whom were unaware of the fraudulent practices behind these ventures.
🏗️ The Scam:
- FIRs filed by Telangana Police accuse the developers of:
- Selling unauthorised plots
- Double-selling land to multiple buyers
- Giving false registration promises
- Total suspected fraud: over ₹100 crore
- The ED’s April 16 raids uncovered documents and cash evidence pointing to large-scale financial irregularities.
🔍 Celeb Involvement:
While Mahesh Babu is not accused of active participation in the scam’s operations, the ED is investigating the legitimacy of payments made to him and other celebrities who were part of promotional campaigns. The agency is also planning to attach properties acquired using the suspected laundered funds.
