HYDERABAD: The Kukatpally sub-registrar was arrested on Sunday for illegally registering 693 acres of government lands in Miyapur village in the names of two businessmen, thereby causing a loss of over ` 587.11 crore to the state government.The Kukatpally police also arrested the two businessmen who got the lands registered illegally in their names.
The incident, that happened last year, came to light after Medchal district registrar N Saidi Reddy lodged a complaint with the Kukatpally police on May 25 that one PS Parthasarathi (60), director of Trinity Infra Ventures, had illegally executed four land documents pertaining to 693 acres of government land at Miyapur in Serilingampally mandal in favour of another company, Suvishal Power Gen Ltd, represented by PVS Sharma (72).
Kukatpally police registered a case under Sections 409, 418, 419, 420, 423, 467, 468, 471 and 120(B) of IPC, and Section 82 of the Registration Act. During investigation, the police found that the Serilingampally deputy collector had issued a memo in 2007 to the joint sub-registrar of registration and stamps department and again in 2011, stating that the lands claimed by the then owners were government lands. But Parthasarathi obtained general power of attorney (GPA) from one Ameerunnisa and seven others in 2016 and executed a sale deed within a week in favour of PVS Sharma on January 21, 2016.
In the meantime, they colluded with Kukatpally sub-registrar Rachakonda Srinivasa Rao (56) and, taking advantage of the loopholes in the system, paid only ` 65 lakh as stamp duty on the purchase of 693 acres, thereby creating a loss of over ` 587.11 crore to the state government, said the police.
“Basing on the prima facie evidence, the three accused were taken into custody on Saturday, their houses searched and documents pertaining to the case seized. They were produced in court for judicial remand,” said the police.