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ACB seized Assets worth Rs10 Crore from Panchayat Raj Official house

ACB seized Assets worth Rs10 Crore from Panchayat Raj Official house
ACB seized Assets worth Rs10 Crore from Panchayat Raj Official house
http://apherald-nkywabj.stackpathdns.com/images/appleiconAPH72x72.png apherald.com

As per report from Hyderabad sources it was stated that a deputy executive engineer of the Panchayat Raj Department in Ranga Reddy district was arrested on Tuesday for amassing wealth disproportionate to his known sources of income. Acting on a tip-off, the Anti-Corruption Bureau (ACB) raided Sudarshan Reddy's house in the city and other places and unearthed assets worth Rs10 crore.

Sources have stated that the officials conducted searches at the officer's house in Hyderabad and two places in Mahbubnagar. Meanwhile according to sources Reddy was found in possession of 11 acres of agricultural land, two houses, four flats and 11 residential plots. ACB sleuths also found gold jeweler worth Rs20 lakh and Rs1.66 lakh in cash.

ACB seized Assets worth Rs10 Crore from Panchayat Raj Official house

Meanwhile the documentary value of these assets is Rs 3.41 crore, market value is about Rs10 crore. Currently a case under the Prevention of Corruption Act was registered. The accused will be produced before the court.

ACB seized Assets worth Rs10 Crore from Panchayat Raj Official house
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