Hyderabad: Anti-Corruption Bureau (ACB) officials identified assets worth approximately ₹200 crore during searches linked to Roads and Buildings Department Engineer-in-Chief (ENC) Mohan Naik.
According to preliminary findings, the ACB recovered cash amounting to ₹60 lakh and seized around 2.5 kilograms of gold jewellery from Mohan Naik’s residence.
Officials also identified multiple immovable properties as part of the investigation.
Mohan Naik assets include plots, villas and farmland
The assets reportedly include several plots in Hyderabad, agricultural land in Nizamabad district, high-end villas, apartments, vacant land parcels and farmhouses.
Investigators are continuing to verify ownership records, property valuations and financial transactions connected to the assets.
The searches form part of an ongoing inquiry into alleged disproportionate assets.
Mohan Naik assets under detailed verification
ACB officials are assessing the total value of the properties and other investments linked to Mohan Naik.
Authorities are expected to compile a comprehensive report after completing verification of documents and valuations.
Further details regarding the case are likely to emerge as the investigation progresses.