ACB Sleuths Raid Senior Bureaucrat’s House, Unearth 40 Crores Assets
Hyderabad: The Andhra Pradesh Anti-Corruption Bureau (ACB) on Monday raided the premises related to a senior State bureaucrat and unearthed unaccounted wealth and assets worth crores.
The ACB raided the residences of the additional director of Industries and Commerce Department Bayyavarapu Sureshbabu (56). It was an early morning raid. The bureaucrat was recently transferred.
The simultaneous searches are being conducted at the house where Suresh Babu stays and four other places related to the accused officer in Hyderabad, Kurnool, Guntur and two places in Vijayawada.
The residences of the family members and close associates of Sureshbabu are also being raided by the ACB.
Till Monday afternoon nearly ₹ 40 crores worth property has been unearthed and the ACB sleuths say that it may cross over ₹ 100 crores as several lockers related to the accused officer and his benamis are yet to be opened.