There have been as many as 15 raids conducted overall. Authorities from the I-T department are reportedly also focusing on devineni Avinash's home. avinash is currently a member of the congress PARTY' target='_blank' title='ysr congress-Latest Updates, Photos, Videos are a click away, CLICK NOW'>ysr congress party. There have been rumours in the past that a prominent family associated with the top trs leadership has benami investments in Vamsiram Builders, which used fabricated paperwork to acquire valuable land in Hyderabad's banjara hills and other prime locations.
It goes without saying that the most recent I-T raids are thought to be a component of the Central government's effort to attack the TRS's financial foundation in advance of the upcoming assembly elections. The raids on the Phoenix Group and other notable infrastructure organisations, including Sumadhura, Vasavi, and Sahithi, who are reportedly the main financiers of the ruling trs, are a part of the Center's offensive against Telangana. The Modi administration's aim is crystal evident from the I-T raids on minister Ch Malla Reddy's institutions and the cbi and ED inquiry into the delhi liquor scandal. According to insiders, further raids of this nature are anticipated in the upcoming days.