Telangana ACB Seizes Rs 6 Crore in Corruption Case
The Anti-Corruption Bureau (ACB) in Telangana has seized properties worth approximately Rs six crore in a disproportionate assets case against a Municipal Corporation official in Nizamabad district. The Superintendent in-charge of Revenue was found with assets far exceeding his legitimate income sources. Investigations are ongoing.
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The Anti-Corruption Bureau (ACB) of Telangana announced on Friday that properties valued at around Rs six crore had been confiscated in a disproportionate assets case. The seizure is part of an investigation targeting a Municipal Corporation official in Nizamabad district.
An FIR was filed against a Superintendent in-charge of Revenue Officer, who allegedly amassed assets disproportionate to his known income sources through corrupt means. The ACB stated that the official's illicit activities violated the Prevention of Corruption Act.
During a search operation, authorities recovered Rs 2.93 crore in cash, bank balances amounting to Rs 1.10 crore, gold worth Rs six lakh, and 17 immovable properties valued at Rs 1.98 crore. The total value of seized assets reached Rs 6.07 crore. Further searches are being conducted as the investigation continues.
(With inputs from agencies.)
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