Saifabad police in Hyderabad froze an account after Rs 8 crore was transferred through RTGS between Vishaka Industries Pvt Ltd and Vigilance Security Services Pvt Ltd. The Chief Electoral Officer of Telangana State instructed the police to investigate the transaction. The police visited IDBI Bank and froze the account after confirming the transfer of Rs 8 crore.
The investigation revealed that on November 13, a transaction of Rs 8 crore was transferred from an unknown account belonging to Vishaka Industries to Vigilance Security Services. Due to the large amount involved, the police froze the account and informed various authorities for verification purposes, including the Branch Manager of IDBI Bank, the District Expenditure Nodal Officer, the Nodal Officer for the Telangana State Assembly election, the Income Tax Department, and the Joint Director of Enforcement of Hyderabad Zone. Once the unknown account and the account of Vigilance Security Services are verified, appropriate action will be taken according to the law.
