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Rs 40 lakh cash, assets worth Rs 100 crore found in Telangana official’s premises

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Rs 40 lakh cash, assets worth Rs 100 crore found in Telangana official’s premises

Rs 40 lakh cash, assets worth Rs 100 crore found in Telangana official’s premises
January 25
12:16 2024

Telangana, Jan 25 :  The Anti-Corruption Bureau (ACB) have allegedly recovered unaccounted cash of Rs 40 lakh, and properties and other valuables worth Rs 100 crore during raids at multiple locations associated with Shiva Balakrishna, secretary of the Telangana State Real Estate Regulatory Authority (TSRERA) and former director of the Hyderabad Metropolitan Development Authority (HMDA).

The raids are underway at as many as 16 locations, with 18 teams of the ACB conducting the operations.

The valuables and properties worth Rs 100 crore recovered include gold, mobile phones, bank deposits, and flats, among others.

Mobile phones among other items were recovered during the raids, which are still underway in Telangana.

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Israel-Hamas WarAccording to the ACB teams, family members of Shiva Balakrishna are not cooperating with the search operations.

The probe teams are now going through the bank lockers and other assets of Shiva Balakrishna.

-PTI

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