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Telangana ACB Raids 10 Sites, Flags Rs 7.69 Crore in Assets in Case Against Suspended Additional Collector

The assets probe followed a December bribe trap, now focusing on verification of financial records.

Overview

  • ACB registered a disproportionate assets case on January 21 against A. Venkat Reddy, the suspended Additional Collector (Revenue) of Hanumakonda.
  • Teams conducted coordinated searches at about 10 locations linked to the officer and his associates across Hyderabad, Ranga Reddy and Warangal districts.
  • Provisional valuation pegs identified assets at roughly Rs 7.69 crore, subject to change after formal verification.
  • Documents list two houses, a villa, a flat, a commercial shop, eight open plots and 14.25 acres of agricultural land, alongside movable assets.
  • Seizures include Rs 30,00,300 in cash, bank balances of Rs 44,03,032, three four-wheelers, household articles and 297 grams of gold, with further legal action possible under anti-corruption laws.