1 day ago
Telangana ACB Finds Assets Worth Rs 9.41 Crore in Officer Case
The Telangana Anti-Corruption Bureau is investigating a government officer named V Narasimha Rao.
It says it found assets worth about Rs 9.41 crore during searches at seven locations.
These assets include land, buildings, vehicles, jewellery and household items.
The recorded values of some properties may be lower than their market values, the ACB said.
Investigators are checking whether the assets came from money Rao could not explain through his known income.
They are also looking into a rice mill that may have been bought under someone else’s name.
The investigation is still underway, so the findings are preliminary.
The Telangana Anti-Corruption Bureau identified assets valued at about Rs 9.41 crore in a disproportionate-assets case involving Civil Supplies Department District Manager (Technical) V Narasimha Rao.
Preliminary searches were conducted at seven locations linked to Rao, his relatives and associates.
The identified properties include plots, agricultural land and three residential or commercial buildings; their recorded values may be below market value.
Movable assets included three vehicles, household articles, jewellery and Rs 15,600 in cash.
The ACB is examining the asset funding and a suspected rice mill allegedly acquired in a benami name; its investigation is ongoing.
- Who
- V Narasimha Rao, District Manager (Technical) of the Civil Supplies Department in Mahabubabad district, is the subject of the investigation.
- What
- The Telangana ACB identified assets valued at approximately Rs 9.41 crore in a disproportionate-assets case and is investigating their sources.
- Where
- Searches were conducted at seven locations linked to the officer, relatives and associates; identified properties include locations in Khammam and Suryapet districts.
- When
- The article does not specify when the searches took place.
- Why
- The ACB suspects that Rao acquired assets disproportionate to his known sources of income through alleged corrupt practices.
ACB investigation
Officer's response
Alleged disproportionate assets
ACB investigation
The ACB suspects Rao acquired assets beyond his known sources of income through alleged corrupt practices and is investigating their funding.
Officer's response
The article gives no response from Rao or his representatives.
Property valuation
ACB investigation
The ACB said the market value of the immovable properties could be substantially higher than recorded values and may exceed Rs 50 crore.
Officer's response
The article provides no alternative valuation or response from Rao.
Key facts
- Agency
- Telangana Anti-Corruption Bureau (ACB)
- Officer
- V Narasimha Rao, District Manager (Technical), Civil Supplies Department, Mahabubabad district
- Assets identified
- Approximately Rs 9.41 crore
- Searches
- Preliminary searches at seven locations linked to the officer, relatives and associates
- Recorded building values
- The combined document value of three identified buildings was Rs 1.58 crore
- Cash seized
- Rs 15,600 from the officer's residence
- Legal provisions
- Proceedings initiated to register a case under Section 13(1)(b), read with Section 13(2), of the Prevention of Corruption Act, 1988, as amended in 2018
- Investigation status
- Ongoing; the ACB is also examining a suspected rice mill allegedly acquired in a benami name
Sources
Related news
ACB Searches Telangana Civil Supplies Manager Over Suspected Disproportionate Assets
ACB Searches Civil Supplies Manager’s Office and Residence
Telangana ACB Seizes ₹1.35 Crore in Fresh Cop Case
Hyderabad Hospital Official Faces Disproportionate Assets Corruption Case
Odisha Vigilance Finds Crore-Worth Assets in Official’s Searches
Karnataka Lokayukta Searches 33 Locations, Finds Crore-Worth Assets
