Pawan Kalyan Attack On Yellow Media

A major twist has emerged in the ongoing microfinance fraud case, as investigators trace suspicious financial transactions linked to singer Mangli’s family.

According to police findings, a significant amount—nearly ₹1 crore—was transferred from the account of the main accused, Ramavat Madhu, to the bank account of Mangli’s brother, Shiva. What raised further concern is that the amount was reportedly withdrawn on the very same day it was deposited, intensifying suspicions around the transaction.

Until now, Mangli has consistently denied any involvement in the case. She had even turned emotional during media interactions, expressing sympathy for the victims and stating her willingness to support them. However, with this new financial trail surfacing, the investigation has taken a serious turn.

Authorities are now expanding the probe, reaching out to multiple banks for detailed account information connected to the case. Meanwhile, the bank account of Ramavat Madhu has been frozen as part of the ongoing investigation.

The case initially came to light after a complaint by Himakanth Reddy, who approached advocate Subba Rao alleging he was defrauded of crores under the guise of microfinance and real estate schemes involving Mangli and her brother. Subba Rao further claimed that when he sought clarification from Mangli, she allegedly threatened him and later filed a complaint at Panjagutta police station.

In response, Mangli filed a counter-complaint against Subba Rao, accusing him of making baseless allegations for publicity.

With new financial links now under scrutiny, police are expected to dig deeper to uncover the full extent of the case and determine accountability.