ED Raids YCP Leader in Rs 3,000 Crore Fraud Probe

Article by Kumar Published on: 9:49 am, 5 August 2026

The Enforcement Directorate conducted raids at the residences and offices of YSRCP leader Malla Vijay Prasad in Hyderabad and Visakhapatnam. The searches are part of a probe into alleged financial irregularities linked to the Welfare Group of Companies, involving suspected fraud worth nearly Rs 3,000 crore.