Casino organizer Chikoti Praveen Kumar and his aide Madhava Reddy were questioned by the Enforcement Branch for several hours over alleged financial irregularities stemming from events held in India and abroad here on Monday.
Mr Praveen, Mr Reddy and four others have been notified to appear before the ED office in Basheerbagh to explain the alleged breaches under the Foreign Exchange Management Act.
ED officials, who had carried out several searches of organizers’ residences over alleged violations since last week, reportedly seized electronic gadgets from Mr. Praveen and identified anomalies.
Mr Praveen, who visited the ED office on Monday from his residence at IS Sadan, appeared calm and confident. As reporters asked him a volley of questions about “money laundering, celebrity and political circles clientele and casino events held in Nepal and other countries”, he replied, “I am more disturbed by journalists than by the ED”.
According to reports, the ED also questioned the suspects regarding a travel agency that made itineraries for customers to attend international events, and related financial transactions after that.
It has also been learned that Mr. Kumar and others have submitted their bank statements for the past few years to ED.