The Telangana Anti-Corruption Bureau (ACB) on Thursday registered a disproportionate assets case against a Tahsildar (revenue officer) and estimated his assets at over Rs 6.87 crore. The officer has been identified as Desani Srinivas Reddy, currently working as a divisional administrative officer in Ibrahimpatnam in Ranga Reddy district.
Searches at Reddy's residence, office and five other locations on August 20 led investigators to documents of several properties valued at Rs 6.87 crore. This includes two residential flats valued at Rs 2.63 crore, a ground-plus-three penthouse valued at Rs 1.61 crore, 10 acres of agricultural land and eight open plots in various locations in the city and its outskirts.
Reddy had additionally invested Rs 86 lakh as his share in a bar and restaurant. Rs 4 lakh in cash, bank deposits, 680 grams of gold, three four-wheelers, two two-wheelers, and several household articles and electronic items have also been recovered.
While the ACB's documented valuation stands at Rs 6.87 crore, the market value of the immovable properties is reportedly several times higher and is estimated at around over Rs 50 crore.
The ACB alleges that Srinivas Reddy amassed the assets through corrupt practices and beyond his known sources of income.
Reddy has been arrested and will be produced before the special judge for judicial remand.
A disproportionate assets case had earlier been registered against Reddy in December 2009, when he was working as a mandal revenue inspector.
