The lower level clerk named Settipalli Seshagiri Rao has been working with the excise department for 33 years and was about to retire in May.
Sources from the watchdog agency claim that the sum could even touch Rs 70 crore. The clerk's house was raided after he forcibly transferred a shop licence with forged documents a few months ago.
The documents seized by ACB officials reveal that the clerk had even invested Rs 8 crore to bag liquor shop licences in the past two years. Meanwhile, raids are on at the houses of excise clerks in different locations in Andhra Pradesh.