Former Telangana MP Undavalli alleges discrepancies in Margadarsi Financiers’ subscriber data

HYDERABAD: Former MP Undavalli Arun Kumar on Wednesday alleged that there were numerous discrepancies in the 69,531 pages of details submitted by Margadarsi Financiers to the Supreme Court regarding payments made to subscribers.

Attending a hearing by the Telangana HC virtually, the former MP claimed that much of this information was inaccurate, with numerous discrepancies in the addresses and names of subscribers. “Many subscribers are listed without surnames, and those with surnames have incorrect or multiple addresses,” Arun Kumar said.

A bench of Justices Sujoy Paul and Namavarapu Rajeshwara Rao of the Telangana High Court was hearing the long-standing case involving Margadarsi Financiers, following directives from the Supreme Court.