Mahesh Babu seeks adjournment from ED in money laundering case, cites personal commitments

Mahesh Babu is entangled in money laundering case

Telugu actor Mahesh Babu recently landed in trouble after the Enforcement Directorate (ED) sent a notice to him in connection with an ongoing money laundering investigation.

The actor was asked to appear in front of the official on April 28, but he failed to attend the scheduled inquiry. The actor cited film shooting and personal commitments for the absence and sought adjournment.

The actor was notably summoned for questioning in connection with an ongoing investigation into the Sai Surya Developers and the Surana Group real estate scam. The real estate firms are accused of duping investors by selling unauthorised plots, reselling the same plots to multiple parties, and providing fake registration guarantees.

Mahesh Babu was issued the notice for allegedly endorsing projects promoted by the two developers. The actor reportedly received Rs 5.9 crore for his endorsement, out of which Rs 3.4 crore was paid through a cheque and the remaining Rs 2.5 crore was allegedly given in cash. This unaccounted cash transaction has now come under the ED’s scanner.

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Multiple FIRs have been filed by Telangana Police against key figures in the case. Narendra Surana, director of Bhagyanagar Properties Limited, and K Sathish Chandra, proprietor of Sai Surya Developers, are also being questioned in the case.

On the work front, Mahesh Babu is gearing up for the release of the upcoming epic mythology, SSMB 29, alongside Priyanka Chopra and Prithviraj Sukumaran. The film has already wrapped up shooting in Odisha. Oscar-winning maestro MM Keeravani has composed the music of the film. Directed by S.S. Rajamouli, SSMB 29 is produced by KL Narayana of Durga Arts.