The Hyderabad police on Thursday filed a cheating case against Margadarshi Chit Funds managing director Sailaja Kiran, on the charges of forging the signature of a guarantor to illegally attach a property.
Sailaja Kiran is the elder daughter-in-law of Ramoji Group chairman and media baron Ch Ramoji Rao.
According to the Nampally police, a woman Sangeetha filed a petition in the Nampally criminal courts, stating that the Margadarshi Chit Funds authorities had made her accountable for the default of a chit payment by a person for whom she was a guarantor.
The authorities, without sending any notice to her for being the guarantor, forged her signature on the documents and illegally attached her property.
Based on her petition, the court directed the Nampally police to file a case against Sailaja and others including manager of Trimulgherry branch Parthsarathi.
The police booked them under Sections 420, 468 and 471 read with 34 of the Indian Penal Code.
This is perhaps the first criminal case against Ramoji Rao’s daughter-in-law in connection with the Margadarsi Chit Funds.
