*Hyderabad, September 28, 2024* – In a major development, Enforcement Directorate (ED) officials reportedly found piles of cash in the residence of Ponguleti Srinivasa Reddy, a prominent political leader and businessman from Telangana. Ponguleti, who runs the Raghava Constructions Group, is under investigation for significant irregularities in advance tax payments.According to sources, ED officials arrived at Ponguleti’s home with two counting machines to tally the bundles of notes discovered. Initially, one machine was brought in, but as the volume of cash exceeded expectations, a second machine was also needed. The total amount of cash is yet to be officially confirmed, but early indications suggest it is substantial.Search operations are not limited to Ponguleti’s house. A total of fifteen locations linked to him and his family are being raided simultaneously. The ED, acting on specific intelligence, initiated these searches in connection with the tax evasion case.Given Ponguleti’s influential role as a key minister in the ruling Congress party in Telangana, the raids were conducted discreetly. The ED officials, in collaboration with central forces from Delhi, avoided local authorities to ensure the element of surprise. The searches are expected to continue for an extended period, and an official announcement is likely to be made once investigations are completed.Typically, the ED maintains secrecy during such operations, refraining from naming individuals directly. However, after the raids, they often disclose the total amount of cash seized and any irregularities found during the process. It remains to be seen how much cash has been uncovered, but until an official statement is released, speculation will continue about the magnitude of the discovery.More details are awaited as the investigation unfolds.