Hyderabad, Jul 7 (PTI) The Anti Corruption Bureau (ACB) today unearthed assets worth Rs 10 crore allegedly belonging to a senior official of the Mines and Geology Department in Suryapet district of Telangana. Also Read - Telangana CM K Chandrashekhar Rao Tests Positive For Coronavirus; Quarantines Self
Based on a tip-off, a case of disproportionate assets was registered against G Sudhakar Reddy, Assistant Director of the department in Suryapet district and simulatenous searches were conducted at his and his relatives’ residences in different parts of the state, an official release said here. Also Read - Vakeel Saab Actor Pawan Kalyan Goes Under Home Quarantine After His Staff Members Test Positive For COVID-19
During the searches, it came to light that Reddy had acquired properties in the name of his family members, relatives and benamis that included six open plots, 63 acres of agriculture land, one new house, investment of Rs 82 lakh in a wine shop, bank balance of Rs 12 lakh, insurance policies of Rs 10 lakh, half kg gold, 3.5 kg silver, investments of Rs 30 lakh in two granite factories, one four wheeler and one two-wheeler, it added. Also Read - Hyderabad And Outskirts Report 70 Clusters Amid Soaring COVID Cases In Telangana: Report
“Total assets worth Rs 3.6 crore as per documentary value were unearthed during the searches, while the open market value of the properties is approximately Rs 10 crore,” the release said adding that the case is under investigation.
This is published unedited from the PTI feed.