ACB finds ₹4.75 crore assets in searches against MEPMA Additional Director
Searches at 10 locations uncover properties, gold, silver, vehicles, bank balances and electronic gadgets; the ACB says the market value of these properties is expected to be much higher than their official value
Gold ornaments weighing approximately 1,792.2 grams, and valued at ₹33.82 lakh, was seized among other items.
The Anti-Corruption Bureau on Tuesday registered a disproportionate assets case against Yadagiri Rao Nallaguntla, Additional Director of the Mission for Elimination of Poverty in Municipal Areas (MEPMA), and conducted searches at 10 locations in connection with suspected acquisition of assets disproportionate to his known sources of income.
The searches, conducted at his house, office, bank lockers and premises linked to his relatives, associates and benamidars, resulted in the recovery of documents relating to several immovable and movable assets, the ACB said.
Among the immovable properties identified were 12 open plots at various locations in Hyderabad and Suryapet district, valued at ₹58.63 lakh, two residential flats at Uppal valued at ₹31.36 lakh, and a residential building with three floors and a penthouse at Uppal valued at approximately ₹2 crore. An RCC-roofed house in Suryapet district was valued at ₹4.75 lakh, while a commercial shop at Uppal was valued at ₹1.06 lakh.
The ACB said the market value of these properties was expected to be much higher than their official value.
ACB officers conducting searches at the residence of Yadagiri Rao Nallaguntla, Additional Director of the Mission for Elimination of Poverty in Municipal Areas (MEPMA).
The searches also revealed gold ornaments weighing approximately 1,792.2 grams and valued at ₹33.82 lakh, and silver ornaments weighing about 3 kg and valued at ₹1.80 lakh. Two four-wheelers, including a Toyota Fortuner and a car, were valued at ₹73 lakh, while three two-wheelers were valued at ₹2.80 lakh.
Household articles worth ₹29.08 lakh and electronic gadgets worth ₹7.01 lakh were also identified. Bank balances across various accounts amounted to ₹32.30 lakh.
The ACB estimated the total assets of the accused officer at ₹4,75,61,171. Further verification of additional assets is under way and the case is under investigation. The officer is to be produced before the Principal Special Judge for SPE and ACB cases in Hyderabad for judicial remand, the ACB said.
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