Nation Crime 23 Apr 2016 Andhra engineer arre ...

Andhra engineer arrested in disproportionate assets case

PTI
Published Apr 23, 2016, 10:22 am IST
Updated Apr 23, 2016, 10:22 am IST
Value of the assets has been put at Rs 1.56 crore, way above the engineer's known sources of income
Representational Image
 Representational Image

Vijayawada: The Anti-Corruption Bureau of Andhra Pradesh on Saturday arrested an assistant executive engineer after it found he possessed assets worth over Rs 1.56 crore which were disproportionate to his known sources of income.

The engineer, Reddy Venugopala Rao, is attached with the Andhra Pradesh Housing Corporation.

 

An ACB press release said the agency's sleuths conducted searches simultaneously at Rao's residence at Bobbili in Vizianagarm district and five other places in Visakhapatnam and Vizianagaram districts. Premises of his friends and relatives were also searched.

Documents relating to 16 open plots, three buildings, two shops, bank balance of Rs 6 lakh and promissory notes for Rs 10 lakh, among others, were found besides a car and two motorbikes, the release said.

Value of these assets has been put at Rs 1.56 crore, way above his known sources of income, it said.

The accused would be produced in the ACB Court in Visakhapatnam on Sunday, the release added.

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