OSD found with illegal assets worth Rs 5 crore
OSD found with illegal assets worth Rs 5 crore
HYDERABAD: After a brief lull, the AntiCorruption Bureau on Thursda took the police department by storm after the sleuths uneart..

HYDERABAD: After a brief lull, the AntiCorruption Bureau on Thursda took the police department by storm after the sleuths unearthed disproportionate assets worth over Rs 5 crore belonging to one M Sarveshwar Reddy, an Officer on Special Duty, in Rangareddy district. Sources said the worth of his property could easily be over Rs 25 crore as most of it is located in Hyderabad and Cyberabad areas.
The ACB officials registered a case of disproportionate assets against Sarveshwar Reddy and conducted simultaneous searches at different places including his at Gachobowli and his native place Chikatonipally in Mahabubnagar district. He is a DSP rank officer.The assets include six houses, five in the city and one at his native place, 15 house plots in and around the city, about 26 acres of agricultural land at Veltor mandal in Mahabubnagar district and Maheswaram of Ranga Reddy district. The basic value of these immovable properties is `3.30 crore. The searches unearthed movable and immovable assets possessed by the OSD in the name of his family members and in benami names worth `5 crore.

The searches also unearthed cash of `11,000, gold ornaments weighing about 140 grams worth `1.35 lakh, one Hyundai Verna car worth `12 lakh, one Scorpio worth `12 lakh, one Nissan Micra worth `7 lakh, household articles worth `6.4 lakh, three firearms (one revolver, one DBBL and one Single Barrel gun) worth `1.60 lakh, investments in LIC for `11 lakh, `30 lakh hand loan to his friend , investment for purchase of Villa from Legand Chimas, Kokapet to the tune of `96.4 lakh, movable properties to the tune of `1.77 crore.

Sources told Express that Sarveshwar Reddy, who joined the police department as subinspector of police, has always worked in the Cyberabad police commissionerate.

Known to be a 'heavyweight' when it comes to his political clout, Sarveshwar, who was posted as OSD, Rangareddy, was reportedly pulling the strings to get himself posted to the key post of Madhapur ACP but before that could materialise, he was caught by the ACB. "Tales of his corruption are well known and his track record was never impressive,'' a police official said.

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