Cash and properties valued at Rs 100 crore were discovered at the residence of a Telangana official
According to reports, the Anti-Corruption Bureau (ACB) conducted raids at several locations connected to Shiva Balakrishna, the secretary of the Telangana State Real Estate Regulatory Authority (TSRERA) and a former director of the Hyderabad Metropolitan Development Authority (HMDA), and seized properties and other valuables valued at Rs 100 crore along with unaccounted cash of Rs 40 lakh.
Up to 16 sites are now experiencing raids, which are being carried out by 18 ACB squads.
A total of Rs 100 crore worth of goods and valuables were retrieved, including gold, cell phones, bank accounts, and apartments.
The ACB teams claim that Shiva Balakrishna’s family is not assisting with the search efforts.
The investigation teams are now searching Shiva Balakrishna’s bank vaults and other belongings.
