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Politics

Victims of alleged Mylapore fund scam call for expedited justice

Source: NDTV · 22 Sep 2026, 18:51 UTC

Victims in the alleged Rs 700-crore Mylapore Hindu Permanent Fund Nidhi scam are demanding that the case be fast-tracked, according to NDTV. The fund was headed by entrepreneur and politician Devanathan Yadav, who was arrested in connection with the case. The supplied material gives no further procedural details.

Victims of an alleged Rs 700-crore fund scam involving the Mylapore Hindu Permanent Fund Nidhi are demanding faster justice, NDTV reported. The victims are calling for the case to be fast-tracked, saying they need access to their money now, according to the report’s headline. The fund was headed by entrepreneur and politician Devanathan Yadav.

The supplied material says he was arrested in connection with the case. It does not provide details of the allegations against Yadav, the number of people affected or the amount claimed by individual victims. The source also does not state when the arrest took place, what charges were filed or whether any money has been recovered.

No response from Yadav or his representatives is included. The available information establishes the victims’ demand for expedited proceedings and Yadav’s reported arrest, while the broader legal and financial status of the case remains unspecified.

About this report
This independently written report is based on information supplied by the named publisher. Vertrix News has not independently verified the source report.
View the original source at NDTV →