Anti Corruption Bureau finds Rs 100 crore assets with IMS scam kingpin
Hyderabad: In connection with the IMS (Insurance Medical Services) scam, the Anti Corruption Bureau has unearthed about Rs 100 crore belonging to IMS director Ch Devika Rani, the prime accused in the scam. The ACB arrested her husband P Gurumurthi, who had also received bribes in the scam, on Thursday.
According to the ACB, on receiving credible information, simultaneous searches were conducted at the houses of the accused and her relatives at Hyderabad, Tirupati, and Kadapa.
Devika Rani.s husband P. Gurumurthi, a retired civil surgeon, was also arrested and produced before the ACB court on Thursday and was lodged at Chanchalguda central prison.
The searches resulted in unearthing huge assets that seemed disproportionate to Devika Rani’s known sources of income. They were registered in her name, and the names of members of her family.
A villa at Shaikpet in Jubilee Hills, a flat at Somajiguda, three flats in a building at Shaikpet, a multi-storied building at Tirupati, an independent house at Rajendranagar, 11 open plots at different places in Telangana and Andhra Pradesh, agricultural lands of 32.85 acres at seven places in Telangana state, and 16 commercial shops in Hyderabad were identified.
There was also one house at Vishakhapat-nam, security deposits in a construction company, fixed deposits in a bank, Rs 1.13 crore bank balance, high value household articles, gold and silver articles, electronic gadgets, a car, and a bike.
“The document value of the immovable properties is over Rs 15 crore and the market value is above Rs 100 crore. The investigation is underway also to find the payment of Rs 7.3 crore made to PMJ Jewellers in Hyderabad by Devika Rani,” said an ACB official.
Devika Rani and other officials had allegedly diverted several crores of rupees by buying drugs from non-rate contract firms by passing them off as emergency medicines.