Y. S. Chowdary

Last updated

Yalamanchali Satyanarayana Chowdary
Set1-3 (cropped).jpg
Union Minister of State for Science & Technology
In office
9 November 2014 [1]  8 March 2018

On 23 and 24 November 2018, searches were conducted by Enforcement Directorate, at the residence and office of Sujana Chowdary in Hyderabad and Delhi. The agency claimed, the group of companies belonging to him defrauded banks to the tune of Rs 57 billion. The documents seized by the agency indicated that the group was controlling over 120 companies that were only on paper without any genuine business activities. [10] Chowdary alleged that he was being targeted for political reasons and said he would take legal recourse against the ED. He claimed his companies were maintaining all records and the allegations made by the ED were baseless. [11]

Personal life

Chowdary married Padmaja on 6 August 1989. The couple have two children, Y. S. Karthik and Y. Naga Chandini.

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References

  1. "Rajya Sabha members alloted[sic] to Telangana, Andhra Pradesh". The Economic Times. 30 May 2014.
  2. "Welcome to Department of Science and Technology, Govt. Of India ::". Archived from the original on 17 July 2015. Retrieved 10 July 2015.
  3. Staff Reporter (7 August 2016). "Telugu Desam will continue its efforts for SCS: Sujana". The Hindu.
  4. "Detailed Profile – Shri Y. S. Chowdary – Members of Parliament (Rajya Sabha) – Who's Who – Government: National Portal of India". 5 May 2012. Archived from the original on 5 May 2012.
  5. "Chowdary adopts Ponnavaram village for development". Business Standard. Press Trust of India. 6 February 2015.
  6. "Ponnavaram to go hitech". The Hans India. 21 December 2015.
  7. "Y. S. Chowdary". 27 April 2022.
  8. "Union Minister YS Chowdary Faces Arrest Over Alleged Loan Default". NDTV. 8 April 2016. Retrieved 31 January 2019.
  9. "Did not take loan, only gave guarantee: MoS YS Chowdary claims he did not default on Rs 106 cr loan – Firstpost". firstpost.com. 8 April 2016.
  10. "ED, IT raids on ex-Union minister and TDP MP YS Chowdary in Hyderabad". 24 November 2018.
  11. "ED raids: Sujana cries foul". The Hans India. 26 November 2018.