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  4. Telangana: Rs 40 lakh cash, assets worth Rs 100 crore found at official's premises in Hyderabad | VIDEO

Telangana: Rs 40 lakh cash, assets worth Rs 100 crore found at official's premises in Hyderabad | VIDEO

Telangana news: The ACB officials have reportedly found cash counting machines at the residence of the official. He had allegedly amassed wealth ever since he served in the HMDA.

Edited By: Sheenu Sharma @20sheenu New Delhi Updated on: January 25, 2024 12:51 IST
Telangana news, telangana Official trapped with Rs 40 lakh cash, assets worth Rs 100 crore recovered
Image Source : INDIA TV Telangana official trapped with Rs 40 lakh cash, assets worth Rs 100 crore in Hyderabad

Telangana news: Telangana’s Anti-Corruption Bureau (ACB) has trapped a government official with alleged assets worth about Rs 100 crore. The sleuths of ACB on Wednesday (January 24) conducted simultaneous raids at the premises of S Balakrishna, Secretary, Telangana State Real Estate Regulatory Authority (TSRERA), and Planning Officer in Metro Rail.

He earlier worked as the director of town planning in the Hyderabad Metropolitan Development Authority (HMDA). The searches by 14 teams of the anti-graft body continued throughout the day and are likely to resume on Thursday (January 25).

The simultaneous raids were conducted at Balakrishna’s house, offices, premises of his relatives, which yielded recovery of assets worth over Rs 100 crore.

Recovery of valuables: What all have been seized so far?

  • About Rs 40 lakh cash
  • 2 kg gold
  • Documents of movable and immovable assets
  • 60 expensive wrist watches
  • 14 mobile phones
  • 10 laptops

The official’s bank lockers are yet to be opened. The ACB has identified lockers in at least four banks.

The ACB officials have reportedly found cash counting machines at the residence of the official. He had allegedly amassed wealth ever since he served in the HMDA. The continued searches are likely to unearth more assets.

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