Hyderabad: The Enforcement Directorate raided six sites in Hyderabad in connection with the sheep scam case involving alleged diversion of ₹700 crore in government funds.
Searches targeted properties linked to former Animal Husbandry Department Director Ramachander Naik and primary accused Moyinuddin. Officials also searched homes of others connected to the case.
The Anti-Corruption Bureau had first filed a case after uncovering large-scale irregularities in the state-run sheep distribution scheme. Based on ACB findings, the ED registered a money laundering case and began independent investigation.
The Telangana government launched the scheme in 2015, distributing sheep worth an estimated ₹4,000 crore to rural beneficiaries. Investigators found the program was exploited from its start, with officials and brokers colluding to siphon funds.
ACB reports show payments were recorded to fake vendors while the money was redirected into benami accounts. The group then allegedly split the embezzled funds.
Both agencies suspect involvement of senior officials in the misappropriation.
