Hyderabad: ACB raids conducted on Tuesday against a Deputy Transport Commissioner led to the detection of assets worth about Rs 250 crore, officials said.
The Anti-Corruption Bureau carried out searches against M Kishan Naik, Deputy Transport Commissioner of Mahabubnagar district, following allegations of possessing assets disproportionate to his known sources of income. Naik resides at Boinapalli in Hyderabad.
ACB officials simultaneously conducted searches at 12 locations linked to the officer. These included his residence in Hyderabad and properties belonging to his relatives in Nizamabad and Narayankhed. The coordinated action followed specific inputs related to corruption allegations, officials said.
According to ACB Director General Charusinha, the searches uncovered extensive movable and immovable assets. Investigators found agricultural land holdings spread across multiple districts, indicating large-scale accumulation of wealth over time.
Officials said the properties included 31 acres of land in Narayankhed and 10 acres in Nizamabad. The searches also revealed a 50 percent ownership stake in Lahari International Hotel located in Nizamabad.
In addition, ACB teams found around 3,000 square yards of commercial land that had been leased to a private furniture outlet. Two residential flats located at Ashok Township were also identified during the operation.
Properties seized during ACB raids across districts
The ACB raids further revealed a poly house and gold ornaments weighing nearly one kilogram. Officials also detected bank deposits amounting to Rs 1.37 crore in the name of the officer and his family members.
Investigators seized documents related to all identified properties and financial assets. Officials said these documents would be examined in detail to assess the extent of disproportionate assets.
The ACB stated that the valuation of assets was based on preliminary estimates. A more detailed assessment would follow as the investigation progressed. Officials said further questioning of the officer and associated persons was likely.
Sources said the investigation aimed to trace the flow of funds and verify whether the assets were acquired through legitimate income. The bureau will also examine transactions linked to business interests and property acquisitions.
The Anti-Corruption Bureau said it would continue the probe in accordance with legal procedures. Officials added that further action would depend on the outcome of financial scrutiny and verification of records.
The case is part of ongoing efforts by the ACB to curb corruption within government departments. Authorities said strict action would follow if the allegations were substantiated.
