Raid Uncovers Massive Cache of Cash and Gold

In a significant operation by the Anti-Corruption Bureau (ACB) on Friday, a raid on the residence of Dasari Narendar, a superintendent and revenue in-charge officer at the Nizamabad Municipal Corporation, led to the recovery of ₹3 crore in cash and gold valued at several lakhs. The raid, part of an investigation into disproportionate assets, revealed a staggering amount of ill-gotten wealth.

Details of the Seizure

During the search at Narendar's home, officials uncovered ₹2.93 crore in cash hidden in carton boxes beneath his bed. Additionally, the ACB found a total of ₹1.10 crore in bank accounts held by Narendar, his wife, and his mother. The raid also yielded 51 tolas (approximately 595 grams) of gold worth ₹6 lakh and 17 immovable properties valued at ₹1.98 crore. The total value of the seized assets amounts to around ₹6.07 crore.

Arrest and Legal Proceedings

The discovery of such substantial assets, far beyond Narendar's known sources of income, led to his arrest. Narendar, who was appointed to his position on compassionate grounds following his father's death, faces charges under the Prevention of Corruption Act, 1988. The specific allegations against him fall under Sections 13(1)(b) and 13(2), which address the acquisition of assets through corrupt practices.

The raid highlights ongoing efforts to combat corruption and ensure accountability among public officials.