ACB Takes Sridhar Into Custody, Scans Illegal Properties
The ACB officials secured the custody order to deepen their probe into allegations of financial misconduct against Sridhar.
Hyderabad: ACB officials on Friday have verified 15 bank statements of irrigation engineer Nune Sridhar and checked various lockers that he operates at different banks.
Following the court’s directions, the ACB officials took custody of Sridhar on Friday from the jail and shifted to the Anti-Corruption Bureau (ACB) office for questioning.
On the first day of the custody, the officials questioned Sridhar in connection with his regular activities apart from his official responsibilities in the irrigation department.
A team of officials, who obtained inputs about illegal activities of Sridhar, had casual discussions with the accused in getting information. The ACB officials collected information about his transfers and work progress while performing duties in the Kaleshwaram project.
The ACB suspects that Sridhar misused his powers and amassed illegal properties worth `200 crore at different places in Karimnagar, Warangal, and Hyderabad. It was also reported that Sridhar misused funds from the Kaleshwaram project and invested it into hotel business activities.
However, the ACB is cross-checking the information with the bank statements of Sridhar and his family members including the benami persons. The ACB officials also focused on digital transactions made online and others in getting clues on benami links. It was also reported that Sridhar failed to inform to government about his properties amassed in the Hyderabad.,
The ACB found immovable properties at Ameerpet, Shaikpet, Gachibowli, residential properties in Karimnagar, Warangal and other states. The ACB officials also obtained call data of accused officer Sridhar in establishing his benami activities in several businesses and alleged illegal assets which were amassed and registered on others' names.
A few days ago, the ACB conducted raids on Sridhar's residence and found documents related to a large number of illegal properties. Later, the accused officer was arrested for amassing illegal properties.
