Hyderabad: Tollywood superstar Mahesh Babu has been summoned by the Enforcement Directorate (ED) for questioning on April 28 regarding his alleged involvement in a real estate scam in Hyderabad. Two prominent Hyderabad-based real estate groups, Sai Surya Developers and Surana Group, have come under scrutiny for defrauding buyers and being involved in money laundering activities.
Reports indicate that Mahesh Babu had endorsed projects promoted by both these real estate groups. For his endorsements, the actor reportedly received a sum of Rs 5.90 crore, of which Rs 3.40 crore was paid via cheque, while the remaining Rs 2.50 crore was given in cash. This cash transaction is now a point of focus for the ED, with officials raising questions about whether the money involved in the payment could be part of the laundered funds obtained by the builders through fraudulent schemes.
The ED has clarified that while Mahesh Babu may not be directly linked to the scam, his endorsement of the projects may have played a significant role in convincing many unsuspecting buyers to invest their hard-earned money into the ventures.
