Hyd ACB unearths Rs 2.5 cr DA of town planning supervisor

Image
Press Trust of India Hyderabad
Last Updated : Jan 21 2014 | 7:59 PM IST
State Anti-Corruption Bureau today unearthed assets worth over Rs 2.5 crore which were allegedly related to a Town Planning supervisor here.
"On credible information, a case of disproportionate assets was registered against E Ramachander, Town Planning Supervisor (Circle III) at L B Nagar, and searches were conducted simultaneously at the residential buildings here and at his relatives and close associates located at Hyderabad and in Warangal district," said ACB DSP Shanker Reddy.
Movable and immovable properties worth about Rs 2,51,67,236 were unearthed, he said, adding Ramachander's bank lockers were yet to be opened.
The accused officer is yet to be arrested and the case is under investigation, the DSP said.
*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: Jan 21 2014 | 7:59 PM IST

Next Story