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10 Jul, 2025
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Jubilee Club Prez Rejects Allegations of Fund Misuse
@Source: deccanchronicle.com
Hyderabad: Jubilee Hills Club president K. Surender Reddy and secretary K. Rajeswara Rao on Thursday rubbished the allegations levelled by suspended members as baseless and said they were aimed at discrediting them ahead of elections in September.They said Jyothi Prasad Kosaraju and Hanumanth Rao, whose club membership was terminated, have cases pending against them.“The allegation of the misuse of funds by Jyothi Prasad is baseless. No official intimation has been received by us from the department of stamps and registration about any misuse of any funds by our club. Moreover, there are no irregularities in the utilisation of funds by Jubilee Hills International Centre (JHIC),” said Surender Reddy.“Some members filed a complaint at the Central Crime Station (CCS), which was only acknowledged, but no FIR was registered,” he added.They also said that money received for Tambola 2025 were accounted for and circulated in the governing council, and only eight eminent persons have been given honorary memberships following the procedure by duly taking approval of the Governing Council.
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