RTA attendant had 3 kg gold
Nellore: Anti-Corruption Bureau (ACB) officials found gold ornaments weighing 3.65 kg and silver articles weighing 7 kg in bank lockers belonging to transport department attender K. Narasimha Reddy at Cooperative Bank and City Union Bank branches here on Wednesday. ACB teams had discovered property worth `80 crore in the name of Reddy and his family on Tuesday, and the teams continued their search on Wednesday. The teams also found documents related to LIC deposits in the lockers on Wednesday.
Anti-Corruption Bureau (ACB) officials found gold ornaments weighing 3.65 kg and silver articles weighing 7 kg in bank lockers belonging to transport department attender K. Narasimha Reddy at Cooperative Bank and City Union Bank branches here on Wednesday.
ACB teams had discovered property worth `80 crore in the name of Reddy and his family on Tuesday, and the teams continued their search on Wednesday.
Among the properties to surface on Tuesday were `7.70 lakh in cash, bank balances of `20 lakh, household articles worth `5 lakh, 2 kg gold, 7 kg silver, two motorcycles, LIC deposits worth `1.01 crore and LIC policies with a total premium of `10 lakh. The teams also found documents related to LIC deposits in the lockers on Wednesday.
Suspecting that Reddy may not have been acting alone in accumulating this unprecedented wealth, ACB officials are likely to probe deeper into his activities, a possibility that has reportedly set off tremors within Nellore’s transport department.
ACB TEAMS had discovered property worth `80 crore in the name of K. Narasimha Reddy, transport department attender and his family on Tuesday, and the teams continued their search on Wednesday.
SEVEN KG SILVER, two motorcycles, LIC deposits worth `1.01 crore and LIC policies with a total premium of `10 lakh was also found.