Home کاروبار urdu business ARB discovers goods from Ibrahimpatnam MRO fair Rs 6.87 billion.

ARB discovers goods from Ibrahimpatnam MRO fair Rs 6.87 billion.

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SOURCE :- SIASAT NEWS

Hyderabad: On Thursday, August 20, the Telangana Anti-Corruption Bureau (ACB) raided seven components that were linked to the Divisional Administrative Officer and discovered resources for Rs. 6.87 million.

Desani Srinivas Reddy, Tahsildar, who is currently employed as Divisional Administrative Officer ( DAO ) for the Revenue Divisional Office ( RDO ), Ibrahimpatnam, Rangareddy district, was charged with disproportionate assets because he acquired assets through engaging in corrupt practices and using dubious methods while employed, according to ACB.

Officials located documents for two private apartments in Karmanghat worth Rs 2.6 crore and a G+3 penthouse there worth Rs 1.6 crore during the searches.

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A 10-acre plot of agricultural land in Yacharam Mandal for Rs. 25 lakh and eight opened plots worth Rs. 62 crore were also discovered by authorities in the city’s and outskirts.

Srinivas Reddy even contributed Rs 86 million to the relationship with others to build the Narendra Bar &amp, Restaurant in Balapur. These qualities ‘ market price is anticipated to be significantly higher than the standard price.

Aside from documents, the ACB discovered Rs. 4 million in lender deposits, Rs. 5.85 million in gold ornaments, and Rs.

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Additionally discovered were three four-wheelers, two two two-wheelers, and items for use in homes and electronic devices valued at Rupees 11 million. According to ACB, Srinivas Reddy secured a silver loan by offering to pay the bank 46 tulas of gold.

More resources are being verified in-depth.

Srinivas Reddy was previously charged with a significant assets event in 2009 while he was employed by the Tahsildar as the Mandal Revenue Inspector in Maheshwaram mandal.

Reddy may be taken into custody for criminal remand before a Hyderabad ACB special court.

SOURCE : SIASAT