HYDERABAD: The Anti-Corruption Bureau sleuths unearthed assets of more than Rs.1.39 crore belonging to Durgampudi Krishna Reddy, Manager, Hyderabad Metro Water Supply & Sewerage Board, Madhapur following searches on his house and that of his brother-in-law Ch. Anantha Reddy.
Several incriminating documents pertaining to movable and immovable properties and net cash of Rs.78,500 were seized during the searches. It was found that he was in possession of assets to tune of Rs.1,39,58,100 in the form of a huge building, one acre plot in Pragathinagar, Kukatpally Municipality and investment in Sai Krishna and Sai Gayathri Constructions owned by his wife and friends. The market value of total assets would be over Rs.3 crore.