ACB books Rangareddy assistant director in disproportionate assets case, seizes assets worth Rs 100 crore

ACB officials carried out searches on Thursday at his residence in My Home Bhooja Apartments, Raidurgam, and at six other premises linked to relatives, friends, benami holders, and associates.
J-K: ACB conducts searches, books Srinagar Smart City officials in disproportionate assets case
J-K: ACB conducts searches, books Srinagar Smart City officials in disproportionate assets case
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HYDERABAD: The Telangana Anti-Corruption Bureau (ACB) has booked Rangareddy district Assistant Director (Survey Settlement & Land Records) Kotham Srinivasulu in a Disproportionate Assets case for allegedly possessing wealth beyond known sources of income.

ACB officials carried out searches on Thursday at his residence in My Home Bhooja Apartments, Raidurgam, and at six other premises linked to relatives, friends, benami holders, and associates.

The officials reportedly established that he owned a flat in Raidurgam, a food processing unit and rice mill in Narayanpet district, 11 acres of agricultural land in Karnataka, another 11 acres in Anantapur, four plots in Mahbubnagar and three in Narayanpet. The team seized Rs 5 lakh in cash, about 1.6 kg of gold ornaments, roughly 770 grams of silver, and two cars.

While there was no official information on the value of these items, ACB sources said that their worth was around Rs 100 crore.

Srinivasulu was booked under Sections 13(1)(b) and 13(2) of the Prevention of Corruption Act, 1988 (as amended in 2018). Searches are continuing.

Assets worth Rs 100 cr found

A flat at My Home Bhooja, Raidurgam

A food processing unit and rice mill in Narayanpet district

11 acres of agricultural land in Karnataka

11 acres of agricultural land in Anantapur

Four plots in Mahbubnagar

Three plots in Narayanpet

Rs 5 lakh in cash

About 1.6 kg of gold ornaments

Roughly 770 grams of silver

Two cars

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