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TTD deposit in private bank challenged in HC

Hyderabad: Challenging the Tirumala Tirupati Devastanam (TTD) depositing Rs 1,000 crore in Indus Ind Private Bank, one Naveen Kumar Reddy from Tirupati filed a petition in the High Court here on Monday.

The petitioner argued in the Court that the TTD management has violated the rules and regulations and deposited the huge amount in a private bank. Admitting the petition, the High Court issued notices to TTD executive officer, Endowments Special Chief Secretary and Indus Ind Bank management. The petitioner also informed the Court that the TTD has deposited Rs 3,000 crore in the national banks, but Rs 1,000 crore was deposited in a private bank in utter violation of the rules and regulations of the TTD. (NSS)

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Posted by on Apr 23 2018. Filed under Hyderabad. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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