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Loan default case: Nandyal MP’s home raided


CBI performed raids at the residence of Nandyal lawmaker, SPY Reddy, for defaulting on Rs 500 crore financial institution loans availed by means of his firm in Kurnool. The raids, which started on Saturday morning, persisted till overdue within the night time. SPY Reddy, who was elected on a YSR Congress birthday party ticket, had switched aspects to TDP, but joined Jana Sena ahead of the LS polls.


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