Hyderabad, Aug. 1 -- The Enforcement Directorate (ED) filed a prosecution complaint in Hyderabad against Saisree Engineers Private Limited (SEPL) and several others under the provisions of the Prevention of Money Laundering Act (PMLA).

The complaint, filed before the Special Court for CBI Cases in Hyderabad, was taken cognisance of on July 28.

ED initiated its probe based on an FIR registered by the CBI's Economic Offences Wing (EOW) in Chennai against SEPL, its managing director Sagiraju Suryanarayana Raju, unknown bank officials, and others. The CBI later filed a chargesheet before a Nampally court.

According to the complaint, Raju allegedly defrauded the State Bank of India (SBI) by submitting forged documents and fictitious propert...