Hyderabad: ACB books DA case against suspended Joint Sub-Registrar
The Anti-Corruption Bureau has booked a disproportionate assets case against suspended Joint Sub-Registrar K Madhusudhan Reddy of Rangareddy district. Searches at multiple locations led to the detection of properties, cash and valuables worth over Rs 7.8 crore.
Hyderabad: The Anti-Corruption Bureau (ACB) officials on Friday booked a disproportionate assets case against K Madhusudhan Reddy, Joint Sub-Registrar (SRO-1) of Rangareddy district, who is currently under suspension, for allegedly accumulating wealth beyond his known sources of income.
Based on the case registered under the Prevention of Corruption Act, ACB officials recently conducted searches at his residence and seven other locations linked to his relatives and associates.
The raids led to the detection of multiple properties, including a triplex house in Kapra, agricultural and commercial lands in Rangareddy district, and a farmhouse with a swimming pool, apart from large quantities of cash and gold ornaments.
Officials also seized luxury vehicles and documents related to business investments, including stakes in a liquor firm and shell companies allegedly floated in the names of family members.
The total value of the assets traced so far is estimated at over Rs 7.8 crore, with authorities indicating that the actual market value could be significantly higher.
Further verification is underway to identify additional assets. The case is under investigation.
