Hyderabad, May 31 (Maxim News) Telangana State Cooperative Bank (TSCAB) General Manager Nimmagadda Vani Bala, the main accused in the case of embezzlement of Rs. 200 crores in the name of deposits has been arrested by the Hyderabad CCS Police.
Click Here To Join Us On WhatsApp
Her husband Meka Netaji and her son Meka Sriharsha were also arrested in this case. Vani Bala cheated 140 employees of Telangana State Cooperative Bank Employees believing her words and invested Rs. 26 crore. All this money was deposited in Vani Bala Priyanka Enterprises.
Nimmagadda Vani Bala, the General Manager of Telangana State Cooperative Bank in Abids. Under the name of Shree Priyanka Enterprises, collected deposits from around 532 people. Her husband Meka Netaji and son Meka Sriharsha collected deposits. they promised to give 24 percent return per month.
They collected deposits from 532 people and absconded with the money. The government has issued orders suspending Vani Bala from the job.
Click Here To Join Us On WhatsApp
As the matter came to light, the victims approached the police demanding justice. As a result, the police registered a case against Vani Bala Chit Fund Company and Sri Priyanka Enterprises and started an investigation.
About Rs. 200 crore scam was found. The main accused Nimmagadda Vani Bala and her husband and son were arrested. Full information is to be known. (Maxim News)
Next Story:
NCPCR Child Labour Campaign Rescues 3,800 Children
NCPCR child labour campaign rescued over 3,800 children and led to more than 575 FIRs during its nationwide drive.
Janmashtami 2026 AI Trend: Little Krishna Photos
Janmashtami 2026 AI trend lets parents turn children’s photos into Little Krishna themed portraits using popular image generation tools.
MANUU Concludes Three Day Humanitarian Emergency Response Programme
Hyderabad, Sept. 4 (Maxim News): Maulana Azad National Urdu University (MANUU) has concluded a three day Humanitarian Emergency Response Programme focused on disaster preparedness and inclusive risk management. Here To Join Us On WhatsApp The Department of Public Administration organised the programme in collaboration with ActionAid Association India. The training focused on building community capacity…
KCR Calls BRS Legislature Meeting on September 6
Hyderabad, Sept. 4 (Maxim News) : BRS president K Chandrashekar Rao has called a joint meeting of the party’s MLAs and MLCs on September 6. Here To Join Us On WhatsApp The meeting will take place at KCR’s Erravelli residence at 2 pm. It comes a day before the Telangana Assembly session begins on September…
Nirmala Sitharaman Invites Global CEOs To Invest In India
Delhi/Hyderabad, Sept 4 (Maxim News): Finance Minister Nirmala Sitharaman held a series of discussions with CEOs of global companies in New York on the new investment opportunities in digital infrastructure opening up in India’s fast growing economy, according to an official statement posted on X on Friday. Here To Join Us On WhatsApp In a…
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter and Instagram. For all the latest Hyderabad News updates
