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ACB teams are currently conducting raids at multiple properties linked to J. Balu Naik, Engineer-in-Chief in Telangana's R&B dept Gold biscuits, heavy jewelry, documents and cash stacks have reportedly been found, with sources claiming assets worth ₹100+ crore under scrutiny

33,181 Aufrufe • vor 2 Monaten •via X (Twitter)

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Hyderabad: Rs 100 Cr corruption!!! HMWSSB General Manager would sell tankers at exorbitant price and earn Rs 50K per day (said ACB sources). He would charge Rs 5000 per tanker for apartments. Most of the tankers were unofficially booked. Details- Saggam Anantha Laxmi Kumar @ S.A.L Kumar, General Manager (E), Project Division-VIII, HMWSSB. ACB conducted simultaneous raids on properties of (HMWSSB) General Manager Kumar in connection with a disproportionate assets case. Searches are underway at nearly eight locations across Hyderabad and surrounding areas. During the raids, ACB officials reportedly seized 1. ₹1.05 crore in cash 2. Huge quantity of gold and silver ornaments. 3. Property documents were also recovered during the searches. According to preliminary information, Kumar is suspected to have amassed assets worth nearly ₹100 crore, including three flats in a gated community in Hyderabad, six open plots on the city outskirts, and around three acres of land in Nizamabad. The searches are being carried out at Kumar’s residence in Mallapur, Secunderabad, and other associated premises. Officials are also expected to open bank lockers soon as part of the investigation. There is a possibility that raids may be extended to the houses of Kumar’s relatives. ACB officials stated that the raids are still continuing and the total value of the seized assets is yet to be officially ascertained. Years of service- 25 years General Manager for Red Hills

@Coreena Enet Suares

118,542 Aufrufe • vor 3 Monaten

Another Day, Another Babu!!! And His 100 Crore Stash! ACB raided HMWSSB Red Hills Division, General Manager Lakshmi Kumar’s residence today morning! Officials were stunned to see the amount of cash lying around in his house at Venkataramana Colony, Mallapur, Secunderabad. They had to bring in cash counting machines to figure out the entire stash. An estimated 1.05 Crore rupees Cash was found just at his house. There is also large quantities of gold recovered from Lakshmi Kumar’s residence. The value of the gold recovered is yet to be determined. ACB officials also found many property documents, the total value of the properties have to be ascertained. Raids are being conducted simultaneously in eight different locations to find out how corrupt Kumar actually is. Kumar’s relative’s houses are also being searched for his disproportionate assets. The officials will also open his bank lockers soon. So far officials found land documents for 3 acres in Nizamabad. Three flats in gated communities in Hyderabad and six open plots in the city outskirts. Rough estimates put his entire wealth to more than Rs 100 crore. When was the last time you had a ₹ lakh cash lying at home that wasn’t brought in for emergencies or for any household requirements?? HMWSSB - the Hyderabad Metropolitan Water Supply & Sewerage Board is supposed to be for water supply & sewerage maintenance. Basically people like Kumar will decide who gets a water connection and for how much, they will also decide on water tanker’s distribution and maintain Sewerage Treatment Plants.

Revathi

26,184 Aufrufe • vor 3 Monaten

Villa, 50-acre land bank, luxury flats: Telangana DSP booked in DA case ACB raids uncover properties across Telangana, Karnataka; cash, 2 kg gold seized A Telangana deputy superintendent of police allegedly amassed a portfolio of villas, luxury apartments, commercial properties, more than 50 acres of land, cash, gold and investments far beyond his known sources of income, prompting the Anti-Corruption Bureau (ACB) to register a disproportionate assets case and conduct searches at 16 locations on Thursday. The ACB booked Sankireddy Bheem Reddy, Deputy Superintendent of Police, Police Computer Services (PCS), Hyderabad, under Sections 13(1)(b) and 13(2) of the Prevention of Corruption Act, 1988, as amended in 2018, alleging that he acquired assets disproportionate to his known sources of income by indulging in corrupt practices and dubious means during his service. Searches were carried out at his residence and 15 other premises linked to his relatives, friends, alleged benamidars and associates. Among the assets traced were a villa at Vessella Meadows in Ibrahimbagh, a G+2 house with a penthouse and another flat in Telecom Nagar, a flat at Kranti Ceon Apartments in Gachibowli, two flats in Tellapur, a share in a G+5 commercial complex on Lancohills Road in Manikonda, a 3,000 sq ft commercial space near Manikonda Marrichettu Junction and several open plots in Nagole, Patancheru, Pragathi Resorts and Mominpet. The ACB also found documents relating to agricultural land measuring 3.5 acres at Zaheerabad in Sangareddy district, six acres and another 38 acres in Karnataka, one acre at Devanahalli near Bengaluru, two acres at Mominpet in Vikarabad district and 4.20 acres at Muchintala village in CC Kunta. Investigators also identified an investment of ₹75 lakh in M/s Sri Raghavendra Rock Sand Minerals. During the searches, officials recovered about ₹3.6 lakh in cash from the officer’s residence and another ₹40 lakh from the house of an alleged benamidar. They also found gold ornaments weighing about two kilograms, silver articles weighing about 20 kilograms and bank balances of approximately ₹19.91 lakh. The ACB said the market value of the immovable properties could be many times higher than their registered value. Officials also found 23 foreign liquor bottles at the officer’s residence and informed the Excise department for further action. Verification of additional assets is under way, and the investigation is continuing. #telangana #Hyderabad #corruption

Sudhakar Udumula

136,976 Aufrufe • vor 1 Monat