Actors

ED Summons Mahesh Babu in Money Laundering Probe

Strategic Insights

Apr 21, 2025 — 1 min read

The Enforcement Directorate (ED) has summoned Bollywood actor Mahesh Babu on April 27 in connection with a money laundering probe against two Hyderabad-based real estate groups, Sai Surya Developers and Surana Group. ED officials suspect that Mahesh Babu received Rs 5.9 crore from Sai Surya Developers for endorsing their projects, with Rs 3.4 crore paid through cheque and Rs 2.5 crore in cash. The cash component is allegedly part of laundered money collected through fraudulent practices.

Key Takeaways:

Mahesh Babu has been summoned by the ED on April 27 in connection with a money laundering probe against Sai Surya Developers and Surana Group.
The ED suspects that Mahesh Babu received Rs 5.9 crore from Sai Surya Developers, with Rs 3.4 crore paid through cheque and Rs 2.5 crore in cash.
The cash component is allegedly part of laundered money collected through fraudulent practices, including unauthorized layouts, multiple sales of the same plots, and false registration assurances.
The ED has seized documents and cash-related evidence from the premises of Surana group honcho Narendra Surana and Sai Sura Developers during searches on April 16.
The documents indicate large-scale financial irregularities, including Rs 100 crore in questionable transactions.
ED sources confirmed that proceeds of crime from the fraudulent schemes were diverted to related parties, including celebrities involved in promotional campaigns.

Statistics:

Rs 5.9 crore: The amount Mahesh Babu allegedly received from Sai Surya Developers.
Rs 3.4 crore: The amount paid to Mahesh Babu through cheque.
Rs 2.5 crore: The amount paid to Mahesh Babu in cash.
Rs 100 crore: The amount involved in questionable transactions according to documentation seized by ED.
April 16: The date of searches on the premises of Surana group honcho Narendra Surana and Sai Surya Developers.
April 27: The date Mahesh Babu has been summoned by the ED.

Sources:

Times of India
Enforcement Directorate (ED)

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