{"id":19110,"date":"2024-08-09T19:06:53","date_gmt":"2024-08-09T13:36:53","guid":{"rendered":"https:\/\/vglobenews.com\/?p=19110"},"modified":"2024-08-09T19:06:53","modified_gmt":"2024-08-09T13:36:53","slug":"acb-seizes-%e2%82%b96-07-crore-in-cash-gold-and-property-from-nizamabad-officials-residence","status":"publish","type":"post","link":"https:\/\/vglobenews.com\/?p=19110","title":{"rendered":"“ACB Seizes \u20b96.07 Crore in Cash, Gold, and Property from Nizamabad Official’s Residence”"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

ACB Raids Nizamabad Municipal Superintendent\u2019s Residence, Uncovering Assets Worth Crores<\/h3>\n\n\n\n

Paris, August 08,2024<\/strong><\/p>\n\n\n\n

In a major crackdown on corruption, the Anti-Corruption Bureau (ACB) carried out a high-profile raid on the residence of Dasari Narender, the Municipal Superintendent of Nizamabad. The raid, which has sent shockwaves through the administrative corridors, led to the discovery of a staggering amount of wealth believed to be amassed through illicit means.<\/p>\n\n\n\n

The ACB officials, acting on credible intelligence, descended on Narender\u2019s residence early in the morning. What followed was an extensive search operation that lasted several hours, during which the officials meticulously combed through every corner of the house. Their efforts were soon rewarded when they stumbled upon a hidden stash of \u20b92.93 crore in cash, neatly bundled and stored away. The sheer volume of the cash left the officials astounded, as it pointed to the scale of corruption that might have been at play.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

But the discoveries did not end there. As the search expanded, the ACB team unearthed bank statements revealing a balance of \u20b91.10 crore spread across accounts held by Narender, his wife, and his mother. This raised further suspicions about the involvement of family members in the alleged corruption.<\/p>\n\n\n\n

The raid also led to the recovery of 51 tolas of gold, a significant quantity that further underscored the magnitude of the assets accumulated. In addition to the cash and gold, the officials found documents related to 17 immovable properties, with an estimated value of \u20b91.98 crore. These properties, scattered across various locations, have now become a focal point of the ongoing investigation.<\/p>\n\n\n\n

In total, the assets seized during the raid are valued at approximately \u20b96.07 crore, a figure that has sparked widespread concern and debate about the extent of corruption within the municipal administration. The ACB has already begun to scrutinize the origins of these assets, with Narender\u2019s financial transactions and property acquisitions coming under intense examination.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The case against Dasari Narender is likely to grow as the investigation continues. The ACB is expected to summon several individuals connected to him for questioning, as they seek to unravel the full extent of the corruption network. The raid has also prompted calls for greater transparency and accountability within the municipal administration, with many urging the government to take stricter measures against those found guilty of corruption.<\/p>\n\n\n\n

This raid marks a significant step in the ACB\u2019s ongoing efforts to combat corruption in Telangana, sending a strong message to public officials across the state. As more details emerge, the case of Dasari Narender is likely to remain in the spotlight, serving as a reminder of the need for integrity and accountability in public service.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

“ACB Seizes \u20b96.7 Crore in Cash, Gold, and Properties from Nizamabad Official”<\/strong><\/p>\n\n\n\n

The Anti-Corruption Bureau (ACB) registered a Disproportionate Assets case against D. Narender, Superintendent of the Municipal Corporation, Nizamabad. Searches at his residence and other locations led to the seizure of assets worth \u20b96.7 crore, which include \u20b92.93 crore in cash, \u20b91.1 crore in bank accounts, 51 tolas of gold, and immovable properties valued at \u20b91.98 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"

ACB Raids Nizamabad Municipal Superintendent\u2019s Residence, Uncovering Assets Worth Crores Paris, August 08,2024 In a major crackdown on corruption, the Anti-Corruption Bureau (ACB) carried out a high-profile raid on the residence of Dasari Narender, the Municipal Superintendent of Nizamabad. The raid, which has sent shockwaves through the administrative corridors, led to the discovery of a […]<\/p>\n","protected":false},"author":1,"featured_media":19109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[14,15,24],"tags":[1530],"class_list":["post-19110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","category-national","category-sports","tag-acbraid-nizamabadcorruption-anticorruption-assetseizure-telangananews-corruptioncrackdown-breakingnews-illegalwealth-governmentraid-cashseized"],"yoast_head":"\n"ACB Seizes \u20b96.07 Crore in Cash, Gold, and Property from Nizamabad Official's Residence" - VGlobe News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vglobenews.com\/?p=19110\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\""ACB Seizes \u20b96.07 Crore in Cash, Gold, and Property from Nizamabad Official's Residence" - VGlobe News\" \/>\n<meta property=\"og:description\" content=\"ACB Raids Nizamabad Municipal Superintendent\u2019s Residence, Uncovering Assets Worth Crores Paris, August 08,2024 In a major crackdown on corruption, the Anti-Corruption Bureau (ACB) carried out a high-profile raid on the residence of Dasari Narender, the Municipal Superintendent of Nizamabad. 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