24 October, 2020

Mr Reddy’s Realty Bites

Lakireddy Bali Reddy hits headlines in the Silicon Valley for entirely the wrong reasons

Mr Reddy’s Realty Bites
outlookindia.com
-0001-11-30T00:00:00+05:53

Is he a sex racket organiser or a philanthropist? Is he the man who single-handedly transformed the economy of the sleepy village of Maylavaram, near Vijayawada in Krishna district, or a ruthless bodyshopper for one of the oldest professions in the world?

These are the questions being asked about 64-year-old Lakireddy Bali Reddy, a successful US-based realtor and restaurant owner with an estimated worth of $50 million. Reddy was arrested last fortnight in Oakland, California, on charges of illegally bringing three girls from India for prostitution, involvement in a larger interstate smuggling operation, illegal immigration visas, and harassing tenants. Charges inconsistent with his deity status back in his hometown.

The can of worms opened when two girls from Andhra, Sitha Vemireddy, 17, and her 15-year-old sister, were found unconscious in an apartment owned by Reddy Realty on November 24. Sitha was pronounced dead at the local hospital. The cause ascertained was the toxic gas from a blocked wall heater vent. Her sister recovered and was released, though her identity...

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