Andhra Pradesh Criminal Investigation Department (CID) sleuths raided the house of Gujjala Srinivasulu, former chairman of Andhra Pradesh State Handloom Weavers Cooperative Society (APCO), at Khajipet town in Kadapa district on Friday (August 21).
ANI quoted CID DSP Subbaraju saying that their team conducted the raid throughout the day and seized almost 3 kilograms of gold, almost 2 kilograms of silver, more than Rs 1 crore cash, and documents of many properties.
The CID sleuths have been investigating the case of irregularities in APCO since the Telugu Desam Party (TDP) regime.
Subbaraju further informed that the team carried out raids at Srinivasulu’s residence, his Dhamkhana Palle-based office, residence of his employees, after taking permission from the court. The official said that the former APCO chairman could not hide anything due to sudden raids by the CID slueths at his properties simultaneously.