Shiva Balakrishna Case: The case of former director of HMDA Sivabalakrishna is taking a vital flip. He disclosed the important thing factors in his confession report. It’s reported that the title of a key IAS officer has been talked about. Official data is but to return. ACB has targeted on officers and others who labored with Balakrishna since his arrest. Now the string is pulling in that path.
When the ACB officers arrested within the case of property past the revenue…the property had been feared in an eye-popping method. In accordance with the federal government’s calculations, the worth of his property is Rs.13 crores…it’s estimated that the worth of those within the open market will probably be round Rs.250 crores. ED has stepped into the sphere on this case. The ACB was requested to offer the paperwork of the seized properties together with the FIR registered towards him. ACB (Acb) took him into custody for 8 days and interrogated him.
The investigation revealed that each one the unlawful earnings of Shivabalakrishna had been spent on the acquisition of lands and plots. Along with the members of the family and benami, he left greater than 200 acres. A complete of 29 plots and eight homes had been present in all of the districts. Most of those are discovered round Hyderabad. Officers who performed searches in Shiva Balakrishna’s home and benami homes… additionally performed inspections at H MDA headquarters for 3 days. The paperwork seized there have been completely examined. Inquiring concerning the permissions granted by Balakrishna to numerous actual property firms. Ed entered the sphere on this order. IT officers together with ED will enter the sphere.
Sivabalakrishna is more likely to be investigated for cash laundering as massive quantities of money modified palms. Then the IT officers took up the investigation on the benami properties. 214 acres of agricultural lands had been bought within the title of Siva Balakrishna’s family. Officers recognized 102 acres in Janagama district, 66 acres in Yadadri Bhuvanagiri district, 38 acres in Nagarkurnool district and seven acres in Siddipet. Shivabalakrishna purchased properties in AP in addition to Telangana. Shivabalakrishna purchased 29 villas value crores together with open plots in Telangana, Visakha and Vizianagaram. A complete investigation will probably be performed on the position of Sivabalakrishna in addition to the officers in different departments who cooperated with him. There’s a risk that ACB (Acb) officers will as soon as once more attempt arduous to interrogate Sivabalakrishna, who’s at present in Hyderabad (Hyd) Chanchalguda Jail. In the meantime, with the entry of ED into the sphere….the entice round Shivabalakrishna appears to be getting tighter. Based mostly on the paperwork obtained thus far, whereas his property within the open market are Rs.250 crores….the overall unlawful revenue is estimated to be over one thousand crores.
Sivabalakrishna, who was embittered for years in HMDA by the leaders of the earlier authorities, dedicated large-scale irregularities. Officers have discovered that large-scale irregularities have been dedicated particularly within the matter of permits for precious lands round Hyderabad. The workers within the workplace mentioned that they take enormous sacrifices particularly within the case of disputed lands. It’s reported that he cleared greater than 100 information particularly earlier than the elections. Plainly he ran a small enterprise by using benami right here and there.
See extra
![](http://timesofandhra.in/wp-content/uploads/2024/01/Mandava-Sai-Kumar-in-Music-Studio.jpg)
Mandava Sai Kumar is Film Director and Actor and Producer and Youtuber and Film Pro and Founder of MSK Films and Times of Andhra 2016 All Rights Reserved Times of Andhra is Telugu News Websites Founded in 2016 in India Hyderabad