Hyderabad: The Telangana Anti-Corruption Bureau (ACB) has registered a disproportionate assets case against Ragiri Satyanarayana, Deputy Executive Engineer in the Irrigation and CAD Department, Nagarkurnool district, for allegedly acquiring assets disproportionate to his known sources of income through corrupt practices.
According to ACB officials, searches were conducted on Thursday at his residence and nine other locations belonging to his relatives, friends, benamis and associates.
During the searches, officials identified several immovable properties including a 5,200-square-foot triplex villa built on a 342-square-yard plot in Thukkuguda, Ranga Reddy district a 3-BHK bedroom apartment in a gated community at Karmanghat, a 2-BHK bedroom flat at Nagole, 25 acres of agricultural land and a farmhouse in Wanaparthy district and nine open plots in Nagarkurnool.
The searches also led to the recovery of movable assets, including gold ornaments weighing approximately 50 tolas, 2.8 kg of silver articles and five vehicles.
According to the ACB, the total documented value of the assets was approximately Rs 7.32 crore. The bureau stated that the market value of the movable and immovable properties could be several times higher than their documented value.
Further verification of additional assets is under way and the investigation is continuing.