ACB registers DA case against Ibrahimpatnam revenue official, searches six locations
The ACB has registered a disproportionate assets case against revenue official Desani Srinivas Reddy and conducted searches at six locations. Officials identified assets with an official value of Rs. 6.87 crore, including flats, land, plots, vehicles, gold and cash.
Hyderabad: The Anti-Corruption Bureau (ACB) has registered a disproportionate assets (DA) case against Desani Srinivas Reddy, a Tahsildar presently working as Divisional Administrative Officer (DAO) in the office of the Revenue Divisional Officer (RDO), Ibrahimpatnam, Ranga Reddy district.
The ACB officials conducted simultaneous searches on Thursday at his residence and office and five other locations linked to his relatives, benamis and others.
During the searches, officials reportedly identified assets with a total official value of Rs. 6.87 crore. The assets included two residential flats, one of them semi-finished, at Karmanghat valued at Rs. 2.63 crore; a G 3 penthouse measuring 233 square yards at Karmanghat in Saroornagar valued at Rs. 1.61 crore; and 10 acres and eight guntas of agricultural land at Nallavelly village in Yacharam mandal valued at Rs. 25.50 lakh.
The ACB also found eight open plots in the city and its outskirts valued at Rs. 62.84 lakh and an investment of Rs. 86 lakh in Narendra Bar and Restaurant at Balapur as a partner.
Officials identified Rs. 4 lakh in cash, bank balances of Rs. 8.60 lakh, 680 grams of gold ornaments valued at around Rs. 5.85 lakh, three four-wheelers and two two-wheelers valued at approximately Rs. 59 lakh, besides household articles and electronic gadgets worth around Rs. 11 lakh.
The ACB said the market value of the properties could be substantially higher than their official valuation. Srinivas Reddy had also reportedly availed himself of a gold loan by pledging 46 thulas of gold with a bank.
This is not the first DA case against Srinivas Reddy. Earlier, on December 14, 2009, when he was working as a Mandal Revenue Inspector in Maheshwaram mandal, a DA case was registered against him.
The ACB said the case was under investigation and the officer would be produced before the Principal Special Judge for SPE and ACB Cases at Hyderabad for judicial remand.