ACB raids TSRERA official, Rs 100 Crore disproportionate assets unearthed, VIDEO
Image Via IANS
Image Via IANS
Hyderabad | Telangana’s Anti-Corruption Bureau (ACB) has trapped a government official with alleged assets worth about Rs 100 crore.
The sleuths of ACB on Wednesday conducted simultaneous raids at the premises of S. Balakrishna, Secretary, Telangana State Real Estate Regulatory Authority (TSRERA), and Planning Officer in Metro Rail.
He earlier worked as the director of town planning in the Hyderabad Metropolitan Development Authority (HMDA).
The searches by 14 teams of the anti-graft body continued throughout the day and are likely to resume on Thursday.
This is not a cellophane shop !
Small employee name Mr Balakrishna
Ex-director of #HMDA assets..? Nearly Rs. 500 crores..Huge illegal income identified in #Telangana ACB searches.
~70 acres.. Rs. 5 crore gold ornaments..
~9 Laptops..
~25 I-Phones..
~58 Watches.. and other… pic.twitter.com/LWrljFvHup— Vishnu Vardhan Reddy (@SVishnuReddy) January 24, 2024
The simultaneous raids were conducted at Balakrishna’s house, offices, premises of his relatives, which yielded recovery of assets worth over Rs 100 crore.
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About Rs 40 lakh cash, 2 kg gold, documents of movable and immovable assets, 60 expensive wrist watches, 14 mobile phones and 10 laptops have been seized so far.
The official’s bank lockers are yet to be opened. The ACB has identified lockers in at least four banks.
The ACB officials have reportedly found cash counting machines at the residence of the official.
He had allegedly amassed wealth ever since he served in the HMDA. The continued searches are likely to unearth more assets.
IANS
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