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ACB unearths assets worth over 1.69 crore

HYDERABAD: ACB officials on Thursday unearthed disproportionate assets worth over Rs.1.69 crore belonging to N. Sadashiv, Assistant Engineer (Panchayat Raj), Chityal mandal, in Warangal district, following simultaneous searches conducted at his residence in Hanamakonda and at the houses of his relatives in Huzurabad.

The market value of the assets is estimated to be much higher, a press release issued by ACB here said. The assets included nine plots in Warangal and Karimnagar districts, investments in fixed deposits in ING Vysya Bank and Kapil Financial Services of over Rs.17 lakh.

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