HYDERABAD: Amid high-pitched Lok Sabha ballot campaigning, Chennai customs has issued summons to Ponguleti Harsha Reddy, son of income and housing minister Ponguleti Srinivasa Reddy, for allegedly buying smuggled luxurious watches value Rs 1.73 crore. The watches — Patek Philipe 5740 and Breguet 2759 — had been seized from an Indian nationwide, Muhammed Faherdeen Mubeen, who had arrived from Singapore, on the Chennai airport on Feb 5.Harsha Reddy, who’s a director in a family-owned firm, was scheduled to look earlier than the customs officers on April 4, however has requested the assembly to be deferred as he was down with dengue. He has agreed to depose after April 27 as per medical recommendation.Investigations indicated that Harsha Reddy had acquired the watches from Hong Kong-based luxurious watch seller Muhammed Faherdeen Mubeen, by an middleman, Alokam Naveen Kumar, who has allegedly confessed to facilitating the sale by cryptocurrency and through hawala transactions. Harsha Reddy is claimed to have been recognized as the customer of the luxurious watches by Naveen Kumar. Denying the allegations of shopping for smuggled watches, Harsha Reddy, who operates the realty agency Raghava Tasks, mentioned: “It is completely baseless. I am unwell right now.”Madras excessive court docket had earlier dismissed an anticipatory bail plea filed by Naveen Kumar, stating that the whole worth of luxurious watches smuggled over time by him may simply exceed Rs 100 crore. The judicial Justice of the Peace in Alandur has directed customs to research Harsha Reddy and arrest Naveen Kumar.Harsha Reddy has maintained his innocence and promised to cooperate with authorities submit restoration from dengue. Minister Srinivasa Reddy was not out there for remark.
#Luxurious #Watch #Smuggling #Ponguletis #Son #Lens #Shopping for #Smuggled #Luxe #Watches #Hyderabad #Information
