Hyderabad: The Enforcement Directorate (ED) has filed a prosecution criticism beneath PMLA towards an Indian concerned in a corruption case in Qatar. Based on Letters Rogatory (LR), accused Pinninti Subramanya Srinivas’ properties price 1.40 crore have been earlier connected by the ED in Oct final yr.ED investigation revealed that Srinivas, whereas working as head of purchaser division in AI Meera Consumer Goods Company, Doha, had acquired bribes from suppliers for favours and precipitated heavy losses to the corporate.The particular courtroom for PMLA instances at Visakhapatam has taken cognisance of the prosecution criticism filed towards Srinivas. ED had initiated investigation on the idea of the LR in August 2020 acquired from the embassy of Qatar in New Delhi towards Srinivas, alleging that he had accepted bribes in Qatar by abusing his official place and remitted the proceeds to his financial institution accounts in India. The cash was used to purchase immovable properties and for investments in mutual funds, LIC insurance policies and many others.

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