ACB Director General R P Thakur, in a release, said, P Pradeep Kumar, additional chief urban planner in the Visakhapatnam Urban Development Authority, was arrested following raids on his properties in Visakhapatnam and other places.
The official said that seven house sites, two residential flats, 9.2 acres of agricultural land, 2.7 kg of gold, two platinum rings, 12.5 kg of silver, fixed deposits amounting to Rs 18 lakh, bank balance of Rs 3 lakh, cash worth Rs 4 lakh, insurance subscriptions of Rs 10 lakh, investment in a realty firm totalling Rs 10 lakh, a car and a couple of two-wheelers were among the assets unearthed.
An ACB release added that bank lockers were being verified and further investigations were underway.
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