F Andhra Entertainment : AP Govt. Official Caught with Rs 800 Crore Assets, Arrested! -

In a most shocking incident ever, the Anti-Corruption Bureau sleuths have arrested AP state government official on Friday for having disproportionate assets, which are estimated as Rs 800 Crore at market value. A Mohan, a deputy commissioner in transport department in Kakinada, is the man in question. This is said to be the highest finding in the history of the ACB so far.

Acting on a tip off, the ACB officials started raids on Mohan's properties on Thursday and continued the raids on Friday on his houses in nine places of Telangana, Andhra Pradesh and Karnataka. It is learnt that Mohan initially did not allow the ACB officials in his house. He also threw his mobile phone out. It was later recovered by officials who are examining it for details. Many precious gems, diamonds and other precious stones were found in the houses of Mohan and his relatives.

Mohan was arrested and produced before the ACB Court in Vijayawada on Friday. The document value of his properties is Rs 100 crore to Rs 120 crore. 

Floated 8 Companies on Daughter's Name

To convert black money into white, Mohan said to had floated eight companies in the name of his elder daughter Tejasri. ACB officials could not trace the offices of the companies as per the addresses in the seized documents. Mohan had recently transferred some property at Bellary in Karnataka to his name from his in-laws' names.

12 Bank lockers yet to be opened

ACB officials said that 12 lockers were yet to be opened and searched. Many of the documents and lockers were in Hyderabad and would be counted in the process of investigation.

Series of Raids

The raids were conducted at Vijayawada, Anantapur, Kadapa, Bellary, Medak, Nellore, Prakasam and some places in Hyderabad. Ms Ramadevi said that three DSPs including her, nine circle inspectors, sub-inspectors and nearly 10 personnel were conducting the raids. -  

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