ACB raids on Panchayat Raj Deputy Executive Engineer

Hyderabad, Sept 13: The ACB sleuths have arrested Banda Sudarshan Reddy, Deputy Executive Engineer of Panchayat Raj department's Moinabad division for possessing illegal properties in Ranga Reddy district here on Tuesday.

In tip off Simultaneous searches, led by ACB Inspector C. Laxmi, conducted at different places in Hyderabad and Mahbubnagar district revealed that he acquired properties worth Rs 2.5 crore which were disproportionate to his known sources of income.

"Market value of these assets would be much higher," Ms. Laxmi said.

One of the documents seized by the ACB authorities suggested that he paid Rs. 1.04 crore to purchase an open house plot admeasuring 270 square yards in Rocktown colony of LB. Nagar. Gold jewelry weighing nearly half a kilo, Rs. 1.6 lakh and documents about his investments in insurance policies and bank balances were also found.

He was also possessing two cars at his house in Osmanghad of Malakpet. In all, he acquired 20 immovable properties -two houses, agricultural lands at three places admeasuring nearly 10 acres and house plots-, the Inspector said.

"Examination of documents suggests that he had earned most of the properties while executing works related to Rajeev Swagruha project at Nagole from the year 2008 to 2013," Ms. Laxmi said.