Hyderabad, Sept 25 (Maxim News): The Special Team of CID traced and apprehended the accused (A-3) Kagithala Sreedhar aged 51 years, Occ: director of Krushi Co-operative Urban bank, Ranigunj, Secunderabad, now r/o A.P. State who is involved in the misappropriation of an amount of Rs. 36.37 crores by collecting deposits from the innocents and closed its shutters on August 11, 2011 and also avoiding the Court proceedings. An NBW is pending against him at MSJ-Spl. Court, Nampally, Hyderabad.
The special Execution Team consisting of G. Murali Kumar, Inspector of Police, Ch.thirupathi, sub-inspector of Police, J.Ratnaji Rao, ASI-II, Younus Khan, ASI and B.Mahender PC of CID, TS, Hyderabad has traced and apprehended the absconding accused from Srirampet limits, Palakollu (Town) PS, West Godavari District, AP and produced him before the Court and he was sent to judicial custody. (Maxim News)
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