Panama Based Law News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Apr 22, 2021, 16:31 IST  VIJAYAWADA: One of the directors of the tainted Agrigold company Savadam Srinivas died due to complications after he was infected with COVID-19 on Wednesday. He had apparently contracted the coronavirus a week ago and died during treatment. He is the third director to die along with Immidi Sadasiva Varaprasad and Avva Uday Bhaskar.   The surge of corona cases in the State, as well as the country, has resulted in the deaths of many people including celebrities, politicians and those wanted in criminal cases.  The Enforcement Directorate (ED) is investigating ...

Agrigold Directors Stashed Funds In Off-Shore Entities In Cayman Islands Dec 24, 2020, 12:22 IST HYDERABAD: The Enforcement Directorate arrested Agrigold Chairman Avva Venkata Rama Rao on  Wednesday. Along with him, two directors A Seshu Narayana and A Hema Sundar Prasad were produced before the Prevention of Money Laundering Act (PMLA) court, which granted 14 days of judicial custody. Agrigold has allegedly defrauded about 32 lakh people to the tune of Rs 6,380 crore. Depositors' money was diverted by Agrigold to other businesses by forming over 170 shell companies. Some of these com...