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Jalamandali GM | Jalmandali GM’s embezzlement is more than 100 crores!.. Illegals who survived in ACB raid-Namasthe Telangana – PARAHUSHAR NEWS

Jalamandali GM | Another corrupt whale has been caught by the anti-corruption department officials in Hyderabad. ACB officials raided the house of Hyderabad Jalmandal General Manager Saggam Anantha Lakshmi Kumar who found that he had assets beyond his income.


Jalamandali GM | Jalamandali GM's embezzlement is more than 100 crores!.. Illegals who survived the ACB raid

Jalamandali GM | Hyderabad City Bureau, May 19 (Namaste Telangana): Anti-corruption department officials caught another whale of corruption in Hyderabad. ACB officials raided the house of Hyderabad Jalmandal General Manager Saggam Anantha Lakshmi Kumar who found that he had assets beyond his income. It is known that illegal assets worth around Rs.100 crores were seized in these raids.

Lakshmi Kumar is working in Division-8 of Redhills. ACB sources said that they used to sell water through tankers and earn up to Rs.50,000 daily. It is known that the tankers supplying the apartments used to charge Rs.5000 each. It is reported that he used to keep the money of water sold by tankers in his own pocket. During his long service, it was found that he got used to illegal earnings, misused funds and committed corruption and accumulated illegal assets amounting to crores of rupees.

ACB officials conducted simultaneous searches at his residence in Mallapur along with the houses of relatives, friends and benami at 8 other places in the early hours of Tuesday morning. A large amount of cash, gold and land documents were found in these inspections. ACB officials seized Rs.1.1 crore cash, 2.1 kg of gold jewellery, 9.2 kg of silver articles, documents related to 18 acres of agricultural land in Nizamabad and Sangareddy districts, 6 open plots, 3 flats in Hyderabad, a luxury house, a Maruti Ritz car and a Bajaj motorbike. According to the preliminary estimate of the officials, the value of the seized fixed and movable assets was found to be Rs.5,88,55,490, the market value of which would be many times higher up to about Rs.100 crores, the officials revealed. The search continued till nightfall on Tuesday, when a case of disproportionate assets was registered against the accused and the investigation intensified.

GM properties in Nizamabad too

Properties belonging to General Manager of Hyderabad Jal Mandal Anantalakshmi Kumar were also found in Nizamabad district. ACB officials raided several places on Tuesday after receiving complaints that the officer in question had assets beyond his income. As a part of this, inspections were also carried out in Nizamabad district, where the officer previously worked. ACB Inspector Venukumar said that in the presence of officials and Panchus, it was found that there is half an acre of coconut plantation in the name of Anantalakshmi Kumar’s wife in the area of ​​LK Farm.

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