Tirupati: Tirumala Tirupati Devasthanams (TTD) Trust Board member Bhanuprakash Reddy has alleged a massive ₹100 crore scam in the Parakamani operations at Tirumala and demanded a thorough inquiry. Reddy submitted a petition to the TTD Trust Board chairman, highlighting serious irregularities.
He alleged that CV Ravikumar, who worked as a foreign currency counter for Peddajiar in Parakamani, had been smuggling foreign currency worth an estimated ₹200 crore over several years. Reddy further claimed that Ravikumar managed to evade detection by allegedly implanting a concealed device in his body.
On April 29, 2023, Ravikumar was reportedly caught red-handed moving cash from Srivari Hundi. Assistant Security Officer of Vigilance, Satish Kumar, confirmed that a complaint was filed, and an FIR was registered. However, instead of being arrested, the accused reportedly reached a compromise in the Lok Adalat in September.
Reddy alleged that certain officials, police, and the chairman collaborated to pressure Ravikumar into transferring ₹100 crore worth of assets. He demanded immediate action against those involved and called for a transparent investigation to address suspicions surrounding this case.
