Hyderabad: The Telangana Anti-Corruption Bureau (ACB) registered a disproportionate assets case against Yadagiri Rao Nallaguntla, Additional Director of the Mission for Elimination of Poverty in Municipal Areas (MEPMA).The officer allegedly acquired assets beyond his known sources of income through corrupt practices and dubious means during his service.
The ACB estimated his assets at about ₹4.76 crore (₹4,75,61,171) following searches at 10 locations on Tuesday.
ACB teams searched his house, office, bank lockers and premises linked to his relatives, associates and alleged benamidars. Officials found documents relating to 12 open plots in Hyderabad and Suryapet (Nalgonda district), valued at ₹58.63 lakh, and two residential flats in Uppal, Hyderabad, valued at ₹31.36 lakh. The documents also covered a G+3 residential building with a penthouse in Uppal, valued at about ₹2 crore, an RCC-roofed house in Suryapet, valued at ₹4.75 lakh, and a commercial shop in Uppal, valued at ₹1.06 lakh.
The ACB said the market value of these properties is expected to be much higher than the official values officials said.
Among movable assets, investigators recorded about 1,792.2 grams of gold ornaments valued at ₹33.82 lakh and about 3 kg of silver ornaments valued at ₹1.8 lakh. They also found two four-wheelers, including a Toyota Fortuner, valued at ₹73 lakh, and three two-wheelers valued at ₹2.8 lakh. Household articles were valued at ₹29.08 lakh, electronic gadgets at ₹7.01 lakh, and bank balances across various accounts at ₹32.3 lakh.
The ACB said further verification of additional assets is underway and the case is under investigation. He will be produced before the Principal Special Judge for SPE and ACB cases in Hyderabad for judicial remand.