ACB unearths assets wroth over Rs 1.3 cr
Anti-Corruption Bureau (ACB) officials today unearthed disproportionate assets worth about 1.30 crore from Vijayawada Urban Development Authority (VUDA) Architectural Draughtsman P Madhusudhana Rao.
After registering a case, the ACB officials conducted simultaneous searches at different places covering the residential house of Madhusudhanara Rao, his relatives and friends at Vijayawada, Tirupati and Hyderabad and unearthed assets worth Rs 1.3 crore, an ACB release here said.
The present market value of the assets is more than Rs three crore.
(Posted on 05-04-2014)