Latest news with #MuralidharRao
Time of India
16-07-2025
- Business
- Time of India
After Anti-Corruption Bureau, Enforcement Directorate likely to probe Telangana irrigation engineers
Hyderabad: Enforcement Directorate (ED) is likely to open a money laundering investigation against engineers linked to major irrigation projects, once it secures the requisite first information reports (FIRs) from Anti-Corruption Bureau (ACB). Agency sources said that it would investigate the alleged diversion of govt funds into private companies and the use of these proceeds for destination weddings abroad. Among those under scrutiny are engineers N Sridhar, Muralidhar Rao and Hariram Naik. ED Examining Investments in Muralidhar Rao's Family Ventures You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad In all three cases, the ED might scrutinise shareholding patterns, bank transfers, and social infrastructure that might suggest misuse of public money for personal gain. According to sources, ED aims to determine whether state funds were funnelled into these entities. An unexplained transaction of funds for a Thai wedding, allegedly linked to an engineer's kin, has escalated the probe for potential FEMA irregularities. ED has formally requested detailed records from ACB concerning the cases against Sridhar, Muralidhar Rao and Hariram Naik. Documents sought include FIRs, chargesheets, and statements, which ED might use to support PMLA proceedings. High-value cash deposits, recent overseas travel, and unexplained asset purchases were expected to form a key part of the probe. The planned ED investigation follows high-profile action by ACB, which recently arrested Muralidhar Rao in a Rs 50 crore disproportionate assets case and uncovered luxury assets, villas, and companies.
Time of India
16-07-2025
- Politics
- Time of India
Hyderabad: Ex-irrigation chief C Muralidhar Rao arrested in Rs 50 crore DA case; ACB unearths solar project, luxury assets
HYDERABAD: Retired engineer-in-chief of the irrigation department, C Muralidhar Rao, was arrested on Tuesday after the Anti Corruption Bureau (ACB) unearthed disproportionate assets worth over ₹50 crore, including a 2KW solar power project in Zaheerabad, in a series of coordinated raids. Tired of too many ads? go ad free now The senior official was booked under the Prevention of Corruption Act, following the discovery of a vast array of assets-ranging from prime real estate and luxury vehicles to gold and the solar power project-allegedly acquired through illicit means during his service. ACB officials said the solar project has a 20-year purchase agreement with Southern Power Distribution Company of Telangana (TGSPDCL). ACB teams conducted searches at 12 locations, including Muralidhar Rao's residence in Banjara Hills and properties linked to him and his relatives across Hyderabad, Zaheerabad, and Karimnagar. "On July 15, we registered a case against Muralidhar Rao after collecting prima facie evidence of assets disproportionate to his known sources of income. He had acquired several movable and immovable properties through unlawful practices," an ACB official said. Muralidhar Rao was dismissed in Feb 2024 by the Congress govt. The retired irrigation official was made ENC soon after the BRS came to power in 2014. Former CM K Chandrasekhar Rao had entrusted Muralidhar Rao with construction of major irrigation projects. The market value of the recovered assets is estimated at over ₹50 crore. Sources said the value will run into hundreds of crores. Muralidhar Rao was produced before the court for judicial remand. "After the judicial remand, we will seek his custody for further interrogation," the ACB official added.
NDTV
15-07-2025
- Business
- NDTV
Buildings, Land, Homes Across Cities: Telangana Ex-Chief Engineer's Asset List
Hyderabad: The staggering scale of disproportionate assets allegedly accumulated by a former engineer-in-chief of the Telangana Irrigation Department has come out in the open following raids at 11 locations, including his Banjara Hills residence in Hyderabad. A villa in Kondapur, four high-end flats in posh areas of Hyderabad like Banjara Hills and Begumpet, two commercial buildings, 11 acres of agricultural land, and a luxurious Mercedes-Benz are just a fraction of the staggering assets unearthed during the raids on the properties of Muralidhar Rao. The raids were conducted across Hyderabad, Karimnagar, and Zaheerabad as part of a disproportionate assets (DA) case on Tuesday. Mr Rao's inventory of residential assets includes a sprawling villa in Kondapur, a flat in Banjara Hills, another in Yousufguda, a flat in Begumpet, and one in Kokapet, all of which are in and around Hyderabad. He also owns an apartment in Kodad and an under-construction building in Warangal. Among the commercial properties and land holdings were a building in Karimnagar and another in Hyderabad, alongside 11 acres of agricultural land, and 6,500 square yards of prime open plots in Mokila, Hyderabad. Three four-wheelers, including a high-end Mercedes-Benz and significant quantities of gold ornaments. Other assets include substantial bank deposits and even a 2 KW solar power project in Zaheerabad. Rao was taken into custody from his Banjara Hills residence following the searches. He has been charged under the Prevention of Corruption Act and has been sent to judicial custody. Officials said preliminary evidence strongly indicates that the unearthed assets are grossly disproportionate to his known and legitimate sources of income. The probe is focused on alleged irregularities tied to the Kaleshwaram Lift Irrigation Project, the flagship initiative of the previous Bharat Rashtra Samithi (BRS government). Rao's arrest marks the second high-profile apprehension of a senior irrigation department official in a disproportionate assets case. Last month, Nune Sridhar, an executive engineer involved in the Kaleshwaram project, was also arrested and accused of having disproportionate assets worth Rs 60 crore.
Time of India
15-07-2025
- Time of India
Telangana DA case: ACB raids ex-irrigation chief Muralidhar Rao's properties; searches held across three cities
Anti-Corruption Bureau (ACB) raided ten properties linked to former Irrigation Department Engineer-in-Chief Muralidhar Rao across Hyderabad, Zaheerabad, and Karimnagar in a DA case HYDERABAD: The Anti-Corruption Bureau (ACB) conducted raid searches on Tuesday at properties linked to former Irrigation Department Engineer-in-Chief Muralidhar Rao in connection with a Disproportionate Assets (DA) case. Multiple ACB teams carried out searches at ten locations across Hyderabad, Zaheerabad, and Karimnagar, including Rao's residence in Banjara Hills. 'We have registered a case against Rao under the Prevention of Corruption Act after collecting prima facie evidence of assets disproportionate to his known sources of income,' said an ACB official. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad Rao is currently in ACB custody. He is the second senior official from the irrigation department to be booked in a DA case recently. On 11 June, ACB officials searched 14 locations linked to Nune Sridhar, Executive Engineer with the Irrigation Department, who was involved in the execution of the Kaleshwaram Lift Irrigation Project (KLIP). As per officials, the uncovered assets worth nearly Rs 60 crore, disproportionate to his known income. Sridhar is currently in judicial remand.
