DEE held by ACB in disproportionate assets case

Image
Press Trust of India Vijayawada
Last Updated : Dec 24 2016 | 6:57 PM IST
Sleuths of Andhra Pradesh Anti-Corruption Bureau (ACB) today arrested a deputy executive engineer (DEE) of Roads and Buildings Department after they unearthed assets worth Rs 4.08 crore disproportionate to his known sources of income.
Raids were conducted on properties of DEE in Visakhapatnam, Vizianagaram, Hyderabad and other places, ACB release quoting Director General R P Thakur said.
As many as 15 house sites, two residential flats, a commercial complex, 608 grams of gold, 850 grams of silver, bank balance of Rs 29 lakh, cash of Rs 1.08 lakh, fixed deposits of Rs 10 lakh, chit funds of Rs 19 lakh were among those unearthed by the ACB, said the release.
A bank locker in Visakhapatnam, jointly operated by the official's wife and son, was yet to be opened, the DG said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Dec 24 2016 | 6:57 PM IST

Next Story