Heera Group MD Nowhera’s 7-day ED’s custody ends

Hyderabad: Heera Group of Companies founder Nowhera Shaik’s seven-day custody by Enforcement Directorate in connection with the scam concluded yesterday.

According to sources, the seven-day custody of Nowhera and her aides led no further development to the case as Nowhera silent for the majority of the questions posed by the ED officials, TT reports.

The trio was taken into custody on Tuesday last week, but they reportedly do not reveal any details on the bank accounts of suspicious persons who had links with foreign countries.

The trio were arrested by the Hyderabad Central Crime Station (CCS) police on charges of duping people in the name of Ponzi schemes.

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