ACB officials unearthed Rs.500 crores worth assets

     Written by : SMTV24x7 | Mon, Sep 25, 2017, 07:25 PM

ACB officials unearthed Rs.500 crores worth assets

Vijayawada, Sept 25: The ACB officials have conducted simultaneous raids on houses of two Town Planning officers Siva Prasad and Raghu in Vijayawada and Visakhapatnam and their relatives houses in several other towns in the state.

Raghu is working as director of Visakhapatnam Town and Country Planning. The ACB officials got information that he had huge assets under his name. The ACB officials carried out sudden inspections on his family, friends, and relatives in the house along with Raghu's residence on Monday morning.



The ACB sleuths conducted raids on the charges of officials having disproportionate assets. It is learned that the ACB officials unearthed valuable documents and gold from their procession during the raids.

The officials received complaints from the people over their irregularities. Based on a tip-off, the officials raided.Around the disproportionate assets worth Rs.500 crores have been unearthed including gold, diamonds, silver, and acres of the land document.