ACB raids on Nizamabad Excise Superintendent,Rs.4 crore assets seized

Nizamabad, Sept 27: The Telangana ACB officials have conducted simultaneous searches on Nizamabad Excise Superintendent Boora Jyothi Kiran residence and other places in and around of Hyderabad and unearthed assets worth Rs 1.53 crore here on Tuesday following disproportionate assets case registered against him.

In a tip-off, credible information, the Anti-Corruption Bureau(ACB) sleuths conducted raids and during the searches, 30 acres of agricultural land, two residential flats, one independent house, 16 house plots besides 1 kg gold ornaments and Bank balances Rs 10.13 lakh were unearthed so far , ACB said in a release here.

During the searches, the agency also found that Kiran has acquired the properties in his name and in the name of his family members.

As per documentary value, the worth of all assets unearthed during the searches, was about Rs 1.53 crore and the open market value of the properties is approximately Rs 4 crore, the release added.

He is being arrested and will be produced before the ACB court, Hyderabad, the release said.