Mysuru, Mar 4: Sleuths of the Anti-Corruption Bureau (ACB) raided the house, office and other properties of Ranganatha Naika, Superintending Engineer, Rural Drinking Water and Sanitation Department, Mysuru, on Friday and recovered valuables and documents pertaining to assets worth Rs 15 crores.

Teams of ACB personnel simultaneously searched Mr. Naika’s residence at Vijaynagar in Mysuru, his multi-storeyed apartment complex at Nagawara in Bengaluru, his farmhouse in Chikkamagaluru and his office in Mysuru.
The sleuths searched for documents of properties in his name and other benami properties held by him.
“The documents have been seized and investigation is on,” said a statement issued by ACB.
According to the statement, the documents and valuables recovered during the searches include a six-storeyed apartment complex near Manyata Tech Park in Bengaluru valued at Rs. 11 crore, a flat in Malleswaram valued at Rs. 68 lakh, a BDA site in Vishveshwaraiah layout valued at Rs. 80 lakh, a flat in Mysuru valued at Rs. 25 lakh, a farmhouse in Sakkarayapatna in Chikkamagaluru district valued at Rs. 40 lakh, besides 14 acres of land nearby estimated to cost Rs. 40 lakh.
The valuables seized during the searches include 2 kg and 300 g of gold jewellery, 8 kg of silver articles, two cars and a motorcycle, Rs. 60,000 in cash from the house in Mysuru, besides Rs. 35 lakh deposited in two different banks.



Comments
Add new comment