ACB unearths DA worth over Rs 13 cr from retired govt officer

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Press Trust of India Hyderabad
Last Updated : Mar 24 2016 | 8:42 PM IST
The Anti-Corruption Bureau of Andhra Pradesh today unearthed assets worth over Rs 13.11 crore from a retired Indian Forest Service officer, allegedly disproportionate to known sources of his income.
The ACB has registered a criminal case against the retired IFS official Bhimavarapu Basivireddy.
A statement from the ACB said that its sleuths conducted simultaneous searches at the residence of retired deputy conservator of forests, Basivireddy at Tadepalli near Vijayawada and also 11 other places in Guntur, Krishna and Chittoor districts.
Properties belonging to Basivireddy's relatives and friends were also searched. Four open plots, a flat, two houses, 9.54 acres of agricultural land worth Rs 2.70 crore at Guntur, Vijayawada and Tirupati were detected, the statement said.
Also, documents related to a Rs 5.38 crore advance payment for a 68.56 acre land transaction in Guntur and Krishna districts were also seized.
Other documents showing that a sum of Rs 4.68 crore lent to others and an outstanding balance of Rs 8.53 lakh in a demat account, 193 grammes of gold and Rs 17,000 in cash were also seized.
Another bank locker of Basivireddy was yet to be opened, it said.
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First Published: Mar 24 2016 | 8:42 PM IST

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