Congress firebrand leader Revanth Reddy was under IT scanner for illegal properties claims and raids were held at his residence as well. The media was hit by reports that Revanth Reddy amassed huge wealth and diverted them on his relatives' names.
Responding to the allegations, Revanth's Father-in-Law Padmanabha Reddy said, "Advocate Rama Rao made false accusations and there is no truth in any of his claims. I pay my taxes regularly and about Rs 30 Lakh every year. I also received a silver appreciation certificate as a good tax payer."
He further said, he bought a piece of land in Banjara Hills about 30 years ago and he converted that into a commercial complex now. Even this is linked to Revanth Reddy but it has no connection at all.
Revanth's uncle said, he was an Indian Oil Kerosene dealer about 40 years back and also chaired the dealers federation. He urged the media to verify the facts before publishing them.