Rs 800 crore assets seized in raid on Andhra Pradesh transport official

KAKINADA: A deputy transport commissioner in Andhra Pradesh has been arrested with his assets valued at Rs 800 crore at market value.

Anti-Corruption Bureau officials continued their raids for a second day on Friday on the houses of A. Mohan in nine places of Telangana state, Andhra Pradesh and Karnataka. ACB officials, led by its Central Investigation Unit DSP A. Ramadevi, started the raids on Thursday morning.

Mr Mohan was arrested and produced before the ACB Court in Vijayawada. The document value of his properties is Rs 100 crore to Rs 120 crore. ACB officials said that several bank lockers were yet to be opened and searched.

Read: Deputy transport commissioner Mohan took bribe from his staff too

Officials felt that to convert black money into white, he had floated eight companies in the name of his elder daughter Tejasri. “We could not trace the offices of the companies as per the addresses in the documents,” said Ms Ramadevi. Mohan had recently transferred some property at Bellary in Karnataka to his name from his in-laws’ names.

12 lockers yet to be opened
A deputy transport commissioner, A. Mohan, who has been arrested, has assets valued at Rs 800 crore at market value.

ACB’s Central Investigation Unit DSP A. Ramadevi she said that 12 lockers were yet to be opened and many of the documents and lockers were in Hyderabad and would be counted in the process of investigation.

It is learnt that Mohan initially did not allow the ACB officials in his house. He also threw his mobile phone out. It was later recovered by officials who are examining it for details. Many precious gems, diamonds and other precious stones were found in the houses of Mohan and his relatives.

The raids were conducted at Vijayawada, Anantapur, Kadapa, Bellary, Medak, Nellore, Prakasam and some places in Hyderabad. Ms Ramadevi said that three DSPs including her, nine circle inspectors, sub-inspectors and nearly 10 personnel were conducting the raids.