Hyderabad: Telangana Anti-Corruption Bureau (ACB) registered a disproportionate assets case against mines officer Bojja Jaya Raju. The ACB alleged that he acquired assets through corrupt practices and dubious means during his service.
Jaya Raju serves as Assistant Director in the Mines and Geology Department in Jayashankar Bhupalpally district. He currently holds Full Additional Charge as Deputy Director of the department in Warangal.
On Thursday, August 27, the ACB conducted searches at 8 locations linked to the officer, his relatives and associates. During the searches, officials identified several properties, investments, cash and other assets.
The ACB estimated the total value of the assets at about Rs 3,06,53,177. However, the agency said the market value of the immovable properties could be many times higher than their document value.
The properties included a G+2 building at Boduppal in Hyderabad. The ACB valued the building at Rs 40 lakh.
Officials also found a flat in KPHB Colony, Hyderabad, valued at Rs 32.81 lakh. In addition, the searches uncovered 5 plots in different locations.
Disproportionate assets case reveals properties and savings
The 5 plots included 2 plots at Keesara and one each at Tungaturthy, Toopran and Suryapet. The ACB valued these plots at Rs 15,77,469.
Investigators also identified 3.21 acres of agricultural land in Jangaon. The agency valued the land at Rs 8 lakh based on the available documents.
The searches further uncovered net cash of Rs 10,03,640. Officials also identified Rs 19,86,104 in LIC and Max Life savings.
Additionally, the officer had post office savings of Rs 20,86,175. The ACB also found 629 grams of gold, which it valued at Rs 37,23,430.
The searches also revealed 3 four-wheelers and 2 two-wheelers. The ACB valued the vehicles at about Rs 40 lakh.
Household articles were worth approximately Rs 10,67,740, according to the agency. Bank balances across 3 accounts amounted to Rs 71,27,619.
The ACB said it registered the disproportionate assets case based on allegations of corruption during the officer’s service. The agency continued examining the documents and assets identified during the searches.