The Anti-Corruption Bureau has discovered assets worth over Rs. 100 crore in the homes and offices of Shiva Balakrishna, the Secretary of Telangana State Real Estate Regulatory Authority (TSRERA) and former Director of Hyderabad Metropolitan Development Authority (HMDA). The investigation suggests that Balakrishna accumulated this wealth by facilitating permits for various real estate companies. The search operation, which began at 5 am, covered 20 locations and is expected to continue tomorrow. The seized assets include cash, gold, flats, bank deposits, and benami holdings. The ACB is now examining Balakrishna’s bank lockers and other undisclosed assets as part of the ongoing investigation.
During a recent search operation conducted at the residences and offices of a Telangana official, assets worth over Rs 100 crore were discovered. The raids were conducted by the Anti-Corruption Bureau (ACB) in multiple locations across the state. The seized assets included cash, gold, properties, and other valuable items. The official’s involvement in corrupt practices is being investigated, and further action will be taken based on the findings. This operation highlights the government’s commitment to combating corruption and ensuring transparency in public offices.
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Telangana Official’s Homes and Offices Yield Over Rs 100 Crore in Assets
