ACB unearths crores of illegal assets from Hyderabad Govt officer

ACB unearths crores of illegal assets from Hyderabad Govt officer
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Telangana Anti-Corruption Bureau (ACB) on Wednesday unearthed assets worth about Rs 1.34 crore allegedly belonging to a deputy executive engineer working in Panchayat Raj in Nalgonda district of the state.

Telangana Anti-Corruption Bureau (ACB) on Wednesday unearthed assets worth about Rs 1.34 crore allegedly belonging to a deputy executive engineer working in Panchayat Raj in Nalgonda district of the state.


Based on a tip-off that V Ravindranath has acquired assets disproportionate to his known sources of his income, a case was registered and simultaneous searches were conducted at his residence besides those of his relatives and associates hereoin Wednesday, an ACB release said.


The searches disclosed that the accused officer has acquired and is in possession of a posh ground plus three-storied residence, two residential flats, two housing plots in Shamshabad in the city, three housing plots at Bibinagar in Nalgonda district, a car, 450 grams of gold, expensive household articles and bank deposits of about Rs 5.4 lakh, all worth about Rs 1.34 crore, it said.


The accused officer has not been arrested yet and the case is under investigation, the release added.

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