29 Officials In TS Registration Department Transferred
Hyderabad: Telangana Chief Minister K Chandrashekhar Rao has transferred 29 officials in the State Capital, as a scam involving prime land worth hundreds of crores in Cyberabad area was unearthed recently. He directed the police to check records across the State to ascertain if illegal transactions are being carried out to grab land, cheating the government.
KCR, who arranged a meeting with concerned officials to take stock of the situation on Tuesday, ordered for investigation by CID. The police arrested two directors of real estate companies and a government official over the weekend.
The case is related to fraudulent registration of 693 acres of government and private lands causing a loss of over Rs 587 crore to the State exchequer created a sensation in the State. A criminal case was booked against the accused by the police.
The ACB is presently raiding all sub-registrar offices across the State. Two more sub-registrars were arrested, while many were transferred.
A statement issued by the Chief Minister’s Office said the registration documents were being used “to get loans from banks and other financial institutions”. There is, however, no clarity about the size of loans released by banks on the basis of these dubious land deals.