Peon With 100 Crore Property Caught By Anti-Corruption Bureau In Andhra Pradesh

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Published by Admin on 04 May 2018

K Narasimha Reddy’s story could be a definitive Bollywood potboiler about a keeps an eye on ascending from clothes to newfound wealth. Beginning as a peon with the Nellore Deputy Transport Commissioners (DTC) office in 1984, Reddy amassed resources worth Rs 100 crore more than quite a while gold and precious stone adornments, sections of land of rural land, a penthouse and LIC stores worth in excess of a crore with a unimportant month to month compensation of Rs 40,000.

On Tuesday, Reddy’s fleeting ascent from a peon to a very rich person was uncovered while sniffing sleuths of the Central Investigation Unit of the Anti-Corruption Bureau (ACB), Hyderabad, attacked six places and uncovered his advantages worth a few crores, incorporating Rs 20 lakh in bank adjust, 2 kg of gold, 7 kg of silver, Rs 7.70 lakh in real money, 50 sections of land of farming area, 17 house plots and a G+2 penthouse.

Reddy, who was captured, has LIC stores of Rs 1 crore and was paying Rs 10 lakh towards premium for protection strategies.

ACBs delegate director of police Ramadevi stated, He (Reddy) joined as an orderly in the Nellore Deputy Transport Commissioners (DTCs) office in 1984 yet never acknowledged an advancement. Progressively, he began gathering resources lopsided to his known wellsprings of wage. He has property in the names of his significant other, his relatives and himself. He possesses 18 plots of rural land.

As indicated by RP Thakur, executive general of ACB, Reddy declined to acknowledge advancements and was extremely very much associated with each authority in the division.

Obviously, Reddy amassed these benefits by filling in as a tout on the wily and gave orders when documents must be sent to senior authorities. The ACB is likewise examining some senior authorities of the office who had utilized Reddy to work for them, sources said.

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