Veteran producer Allu Aravind has refuted media reports suggesting that he is under investigation by the Enforcement Directorate (ED) in connection with a money-laundering case. His recent visit to the ED office in Hyderabad sparked speculation, but Aravind clarified that he is not under the agency’s scanner.
In an official statement, Allu Aravind explained that he appeared before the ED in relation to a case involving another individual.
“I purchased a property in 2017. One of the minor partners in that property is now facing issues in a case currently being investigated by the ED. During their probe into his financial transactions, my name came up as I had paid money for the said property. I visited the ED office to provide clarification regarding this. I was not questioned about any matter related to me personally,” he said.
Allu Aravind, who owns several properties in Hyderabad and is one of the leading producers in the Telugu film industry, also criticized the media for misreporting the incident.
He added, “Some media outlets, without verifying the facts, misled the public by reporting the issue inaccurately.”
