ACB Raids Former Bureaucrat, Cash And Gold Unearthed
Hyderabad: The Andhra Pradesh Anti-Corruption Bureau conducted raids at eight properties belonging to the former joint secretary of the general administration department KVR Sai Kumar and unearthed piles of cash and gold, silver and diamond jewellery worth lakhs of rupeesA�on Monday.
The raids were conducted simultaneously in Hyderabad, Kadapa, Guntur, Rajahmundry, Kurnool and Bangalore.
The officials unearthed Rs 20 lakhs in cash, paid chit fund receipts worth Rs 20 lakhs, Rs. 15 lakhs in fixed deposits, one kg of gold, 10 kgs of silver and a locker in Hyderabad holding gold and diamond jewellery. However, the officials did not confirm whether the valuables are part of corrupt dealings.
They also discovered properties at various places in south India, including two flats in Bangalore, two flats and one shopping complex at Hyderabad and seven plots in Kadapa, Bangalore and Hyderabad. Meanwhile, the raid has not been completed.
Last month, ACB arrested another official Gangadharam, Engineer-in-Chief, R&B department, Andhra Pradesh after there were allegations that he was involved in a corruption scheme and owned disproportionate assets to his known sources of income.
The ACB officials not only seized stacks of cash and gold from his residence but also unearthed villas in affluent areas in Hyderabad on his name and his relatives names.