Andhra Pradesh Anti-Corruption Bureau (ACB) on Monday unearthed assets worth over Rs 100 crore held by a senior government official, its officials said.
Town Planning Department Director Golla Venkata Raghu allegedly amassed wealth disproportionate to his known sources of income, they said.
As many as 15 ACB teams conducted raids at various places in Andhra Pradesh, Telangana and Maharashtra, and searches were continuing at properties belonging to the office in Mangalagiri, Vijayawada, Visakhapatnam, Chittoor and Hyderabad.
Raghu served in various positions in Greater Hyderabad Municipal Corporation and Greater Vizag Municipal Corporation.
ACB sources said the total value of assets would be known after opening the bank lockers of Raghu and his family members.
The anti-graft agency recovered Rs 10 lakh cash from Raghu's house in Mangalagiri in Guntur district. Houses and prime residential plots were identified in the name of the official and his family members in Vijayawada and Guntur.
The officials also found properties in Visakhapatnam, Chittoor, Hyderabad and at Maharashtra's pilgrim town of Shirdi.
--IANS
ms/vd
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
