ACB seizes assets from Ranga Reddy officer in disproportionate income case
The Anti Corruption Bureau carried out searches at multiple locations linked to Assistant Director K Srinivasulu of Ranga Reddy district, seizing documents for several properties, gold, cash and vehicles. Officials said the market value of his assets may be significantly higher.
Hyderabad: The Anti Corruption Bureau on Thursday conducted searches at several places after registering a case of assets disproportionate to known sources of income against K Srinivasulu, Assistant Director, Land & Survey Records, Ranga Reddy district.
The ACB team, during searches at the official’s house at My Home Bhooja Apartments, Raidurgam, and six other places belonging to his relatives, friends, benamis and associates, found several documents.
The documents pertain to a flat at My Home Bhooja, a food processing cum rice mill in Narayanpet district, 11 acres of agricultural land each in Karnataka and Anantapur in A P, four plots in Mahabubnagar, and three plots in Narayanpet district.
The ACB also found Rs. 5 lakh in cash, gold ornaments weighing 1.6 kilograms, silver articles weighing around 770 grams, and two luxury cars. ACB officials said the market value of the properties may be much higher than the document value.
Further verification of additional assets is underway, the ACB added.
