Telangana’s Anti-Corruption Bureau (ACB) has initiated a case of disproportionate assets against Saggam Anantha Laxmi Kumar, a General Manager at Hyderabad Metro Water Supply and Sewerage Board. The case was registered after assets worth over Rs 5.88 crore were discovered during searches at various locations linked to him.
The ACB stated that Kumar allegedly acquired assets exceeding his known sources of income through corrupt practices and dubious means during his tenure. The searches conducted on May 19 included his residence and eight other places associated with him, revealing documents related to significant properties like agricultural land, plots, flats, and houses in different locations.
During the searches, substantial assets were seized, including cash amounting to Rs 1.10 crore, 2.1 kg of gold ornaments, and 9.2 kg of silver articles from Kumar’s residence. Additionally, a Maruthi Ritz car, a Bajaj motorbike, and assets totaling Rs 5,88,55,490 were found. The ACB mentioned that the market value of these assets could be significantly higher than their documented value, with further verification and investigation ongoing.
ACB officials conducted simultaneous searches at multiple locations, including Kumar’s residence in Mallapur, where they were observed counting cash, securing valuables, and examining property-related documents. This case follows a similar incident from last year, where the ACB uncovered assets worth over Rs 100 crore allegedly amassed by an official from the Telangana transport department, highlighting the agency’s continued efforts against corruption.
