YCP former MP MVV assets seized
Authorities have taken action against former YCP MP MVV Satyanarayana, with the Enforcement Directorate seizing assets worth Rs. 44.74 crores linked to misuse of land in Visakhapatnam. The land, initially allocated for the service of the elderly and orphans, was allegedly misused for personal gain. Further actions are being considered.
Authorities have revealed that action has been taken against former YCP MP MVV Satyanarayana. In a case of asset misuse, the Enforcement Directorate (ED) has seized assets worth Rs. 44.74 crores belonging to Satyanarayana. The property in question is business land in Visakhapatnam city.
According to details shared by the ED, the Hayagriva land was originally allocated for the service of elderly people and orphans. However, MVV Satyanarayana reportedly misused this land for his personal gain, dividing it into smaller parts and selling it to others with false documents. The ED is considering further action against Satyanarayana in this case. For more updates, visit Vaartha.
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