Telangana ACB raid on NIMS official yields assets worth Rs 100 crore

The ACB alleged that Bhasker amassed the assets through corrupt practices and dubious means and in excess of his known sources of income.
NIMS additional superintendent Nori Lakshmi Bhaskar, extreme left, watches ACB officials search his residence in Hyderabad on Tuesday.
NIMS additional superintendent Nori Lakshmi Bhaskar, extreme left, watches ACB officials search his residence in Hyderabad on Tuesday.Photo | Express
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HYDERABAD: The Anti-Corruption Bureau (ACB) has registered a disproportionate assets case against Nizam’s Institute of Medical Sciences (NIMS) additional medical superintendent Nori Lakshmi Bhasker after identifying assets worth around `6.13 crore, with officials estimating that their market value could exceed `100 crore.

The ACB alleged that Bhasker amassed the assets through corrupt practices and dubious means and in excess of his known sources of income. Officials conducted searches on Tuesday at his residence in Erragadda and seven other locations linked to his relatives, friends, alleged benamis and associates.

During the searches, officials found documents relating to several properties, including a 4BHK flat in a high-rise gated community, two 3BHK flats in high-rise gated communities in Kukatpally, and five 2BHK flats in Manikonda, Petbasheerabad and Kukatpally. Documents relating to four open plots in Yadadri, Nandigama and Shamirpet, as well as an 800-square-yard plot in Visakhapatnam, were also found, the ACB said.

Officials also identified bank balances of around `41 lakh, post office deposits of `12 lakh, investments of `35 lakh in private financial institutions and mutual fund investments worth `29.55 lakh.

ACB: Bhaskar invested Rs 1.3 cr in purchasing flat

Gold ornaments weighing around 517.8 grams were also found.

The vehicles identified included a Jaguar and an Audi, besides four two-wheelers. Electronic gadgets worth around `5 lakh were also found during the searches.

The ACB further alleged that Bhasker had invested `1.30 crore in purchasing a flat that was under dispute before the Debt Recovery Tribunal (DRT). He had also allegedly advanced hand loans totalling Rs 1.33 crore to various individuals.

A senior NIMS official told TNIE that the ACB searches came as a surprise and said hospital authorities were unaware of them until the team arrived around 7.30 am on Tuesday. He said the official had faced vigilance-related scrutiny in the past. The government had asked the senior official to assign Bhasker a non-focal posting and, accordingly, he had not been given any duties, he said.

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