STOCK MARKET BSE NSE

Assets worth Rs 6 crore unearthed from Telangana ACTO

An assistant commercial tax officer, Bathina Surender Goud, of Jadcherla in Mahabubnagar was arrested by Anti-Corruption Bureau sleuths for amassing illegal assets.

Published: 05th August 2017 11:16 AM  |   Last Updated: 05th August 2017 11:31 AM   |  A+A-

By Express News Service

KARIMNAGAR: An assistant commercial tax officer, Bathina Surender Goud, of Jadcherla in Mahabubnagar was arrested by Anti-Corruption Bureau sleuths for amassing illegal assets worth Rs 6 crore to his known source of income. Director general (ACB) J Purnachandra Rao said that on a tip-off, ACB teams conducted simultaneous searches at residence of Goud and at the residences of his relatives. 

“During the searches, it is revealed that Goud acquired properties in his and his family members names. The seized properties include two houses at Jadcherla worth Rs121 lakh, agriculture lands to an extent of 40 acres in Mahabubnagar worth Rs19 lakh, seven open plots at Jadcherla worth `4 lakh, two cars worth Rs 17 lakh, motorcycle worth Rs 60,000, bank balances worth Rs 8 lakh, gold ornaments and silver articles worth Rs 4 lakh, insurance premiums worth Rs 6 lakh and household articles worth `5 lakh,” the DG said. The document value of the properties is approximately Rs 1.85 crore.The market value of the properties is approximately `6 crore. The accused officer, who has been arrested will be produced before the court for judicial remand.

Stay up to date on all the latest Telangana news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp