ACB unearths assets worth Rs 1 cr during simultaneous raids

Hyderabad, Nov 28 (UNI) Anti Corruption Bureau(ACB) officials today unearthed disproportionate assets worth Rs one crore during simultaneous raids at the houses of Kachiguda Assistant Commissioner of Police Nooka Sudershana here, Visakhapatnam and Srikakulam districts.

The total assets include 12 plots and two flats in Visakhapatnam, Vizianagaram and Srikakulam, two three-storyed buildings in Visakhapatnam and Srikakulam, 6.16 acres of agricultural land at Srikakulam and Vizianagaram, promissory notes worth Rs six lakh, shares worth Rs 60,000, insurances in LIC and HDFC worth Rs three lakhs, cash of Rs 50,000, bank balance worth Rs 1 lakh in various banks and household articles worth Rs 3.5 lakh.

The market value of the assets unearthed would be worth over Rs five crore. The case is under investigation, a press release here said.

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