ACB officials raid NIMS doctor, identify over 80 crores of illegal assets – house sites in Hyderabad and Visakhapatnam, Andhra Pradesh – 4 luxury cars – ACB finds over half a kilo of gold, searches are ongoing.
– By – Raja Pentapati
AP Bureau Chief
Amaravati Sep 23rd. Bharath Digital National News
Telangana – NIMS Additional Medical Superintendent Dr. Lakshmi Bhaskar has amassed huge illegal assets. He has invested lakhs of rupees in many private companies, lakhs of investments in mutual funds, expensive cars, and interest of up to one and a half crores in eye-catching flats.
As Bhaskar was earning money illegally, the ACB officials set their sights on him and went into hiding. A case was registered after it was found that he had accumulated assets beyond his income on the initial examination.
Since the early hours of Tuesday morning, inspections were conducted simultaneously at 7 places related to his relatives, friends, benami and other close associates, including his residence in Kalpataruvu Apartments in Erragadda. It was found that the assets were amassed through corruption and irregularities.
Although the total value of the immovable and movable assets identified by the ACB officials is Rs. 6.13 crore, the ACB said that the market value of the assets is likely to be higher than the value shown in the documents. According to the market value, it is estimated to be more than Rs. 80 crore.
The ACB found that there are flats in Kukatpally and Manikonda. In addition to these, it was found that there are open plots in Bhuvanagiri, Nandigama, and Shamirpet, and an 800 square yard plot in Visakhapatnam in Andhra Pradesh.
It was found that there are luxury cars like Jaguar, Audi, and Tata Nexon worth lakhs, gadgets worth lakhs, and more than half a kilo of gold ornaments.
In addition, it was found that lakhs have been invested in private companies and mutual funds. It has also been confirmed that there is a bank balance of Rs. 41 lakh and post office deposits of Rs. 12 lakh.
The ACB is still conducting searches.
Swacha Andhra Pradesh
