“The documentary value of the assets identified so far is over ₹3 crore, but their market value

“The documentary value of the assets identified so far is over ₹3 crore, but their market value

ACB accused

Hyderabad : Anti-Corruption Bureau (ACB) sleuths conducted searches at eight locations linked to Bojja Jaya Raju, assistant director in the Mines & Geology Department, Jayashankar Bhupalpally district, on Thursday and unearthed disproportionate assets estimated to be worth around ₹10 crore.

“The documentary value of the assets identified so far is over ₹3 crore, but their market value is estimated at around ₹10 crore,” an ACB official said. The accused was arrested and will be produced before a local court for judicial remand.

The accused has been arrested and will be produced before the court for judicial remand.

Further investigation is underway to verify the source and purpose of these transactions and the alleged illegal gratification involved,” the ACB said in a statement. “The driver stated that the amount was allegedly collected from persons involved in sand transportation and related activities before being transferred to the account of the daughter of the accused officer.

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