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The sleuths of CID raided the house of Krushi
Bank Director Mr. Kodumuru Ramesh and seized
certain incriminating material.The immigration officials had detained Mr. Ramesh on April 18, 2006 at Rajiv Gandhi
International Airport while he was fleeing from
India to Bangkok on the basis of LOC (Look Out
Circular) earlier issued by the police.
The CID police sought search warrants for
unearthing vital facts relating to the Krushi
Bank scam from the two premises of the accused.
Following the granting of search warrants by the
Metropolitan Sessions Judge,the CID police
executed the search. The seized property was
deposited in the court. |