The homes of those accused by investigators of doing financial and other activities with Bheem Reddy were located on the property.
In a Rs 300-crore disproportionate assets case against suspended Deputy Superintendent of Police (DSP) Sankireddy Bheem Reddy, the Telangana Anti-Corruption Bureau (ACB) searched ten more premises in Hyderabad and Zaheerabad on Thursday.
On the basis of a court-issued warrant, officials searched the homes of individuals they believed to be involved in financial and other activities with Bheem Reddy.
Documents and other materials pertaining to alleged "benami" assets were found during the searches, according to the FBI.
Officials found Rs 1.35 crore in cash during a raid on the home of Bomma Venkatesh. Additionally, about 14 liters of foreign liquor and foreign currencies were confiscated. The Excise Department has been notified of the liquor recovery so that appropriate legal action can be taken.
Sections 13(1)(b) read with 13(2) of the Prevention of Corruption Act were used to file the disproportionate assets charge against Bheem Reddy on June 27.
After a previous series of searches, Bheem Reddy, who was then working as DSP, Police Computer Services, Hyderabad, was taken into custody on July 6.
Anti-corruption authorities searched sixteen places in Telangana and Karnataka that were connected to the accused, his family, associates, and alleged "benamidars" in July.
Around 2 kilogram of gold, 20 kg of silver, and bank balances of almost Rs 19.91 lakh were recovered, according to officials, along with Rs 3.6 lakh from his home and Rs 40 lakh from the home of an alleged benamidar.
The estimated market values of the assets, which included residential and commercial buildings, agricultural land, and other investments, ranged from Rs 300 crore.
The anti-corruption bureau is investigating transactions involving the contaminated police officer's relatives, associates, and suspected benamidars as well as properties purportedly held in the names of other people.
Additionally, a separate money-laundering inquiry has been started by the Enforcement Directorate.
Financial
Hyderabad : Telangana Top Cop Arrested in New Trouble: Aide Seizes Rs 1.35 Crore
SSSeptember 24, 20262 MIN READ

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