ACB simultaneously conducted raids at eight different places in Andhra Pradesh, Telangana and Karnataka.

Cash gold and diamond jewellery unearthed in raids on former senior Andhra bureaucrat
news Crime Monday, May 08, 2017 - 16:26

The Andhra Pradesh Anti-Corruption Bureau unearthed stacks of cash and gold, silver and diamond jewellery worth lakhs in a Monday morning raid at places connected to K V R Sai Kumar, the former Joint Secretary to the General Administration Department.

ACB simultaneously conducted raids at eight properties belonging to the former official’s family and friends in Hyderabad, Kadapa, Guntur, Rajahmundry, Kurnool of Andhra Pradesh and Bangalore, Karnataka.

So far, Rs 20 lakhs in cash, paid chit fund receipts worth Rs 20 lakhs, Rs 15 lakhs in fixed deposits, one kg of gold ornaments, 10 kgs of silver as well as a locker in a Sainikpuri branch holding gold and diamond jewellery have been discovered.

Though the recovery has been made, the ACB has not confirmed whether the valuables are part of illegal dealings.

The raids have also unearthed multiple properties in south India, including two flats in Bangalore under the name of his wife, two flats and one shopping complex at Hyderabad and seven plots in Kadapa, Bangalore and Hyderabad. Meanwhile, the raid is still ongoing.

Last month, ACB arrested Gangadharam, Engineer-in-Chief, Roads and Buildings Department, Andhra Pradesh, in Hyderabad after he was reportedly involved in a corruption scheme and owned assets disproportionate to his known sources of income.

ACB officials conducted simultaneous raids at 20 places in both Andhra Pradesh and Telangana, and seized Rs 40 lakh in cash and gold jewellery worth Rs 15 lakh from Gangadharam's Kukatpally house in Hyderabad.

They also identified villas in Jubliee Hills and Allwyn colony, and land in the name of the official and his relatives in and around Hyderabad.

The officials seized documents of houses, land and other properties, located in various districts of Andhra Pradesh.  


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