ACB Raids In HMDA City Planning Director Shivabalakrishna Home, 100 Crores Belongings Recognized


Hyderabad ACB Raids: ACB officers caught an enormous whale in Hyderabad. ACB officers raided the home of Shiva Balakrishna, Director of Hyderabad Municipal Growth City Planning Division (Hmda). Evidently a couple of hundred crores price of property have been uncovered. From this morning, 14 groups carried out inspections at Balakrishna’s residence, places of work and family’ homes. Evidently greater than Rs.100 crores of mounted and movable property have been recovered to date. As financial institution lockers should be opened, the anti-corruption division officers are shocked as to what number of property there are. ACB officers mentioned that they may proceed the inspections on Thursday as nicely. Officers additionally discovered money counting machines in Shivabalakrishna’s residence.

40 lakhs in money and two kilos of gold
At present, Sivabalakrishna can be serving because the Director of City Planning Division of HMDA in addition to Metro Rail Planning Officer and Secretary in RERA. Whereas counting, bundles of notes hold popping out. Thus far, money price Rs.40 lakhs, two kilos of gold, 60 costly watches, 14 priceless cellphones and 10 laptops have been recognized. Together with this, paperwork associated to immovable property have been seized. Officers estimate that the worth of those will likely be greater than Rs.100 crores. Officers mentioned that after the searches of the financial institution lockers and family’ homes, the main points of the properties will likely be disclosed. Evidently with the assist of political leaders and the assistance of high-ranking officers, it was in a position to attain crores. persevering with

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