Latest news with #NuneSridhar
India.com
10 hours ago
- Politics
- India.com
Wedding in Thailand, 19 plots, villa, and....: Who is N Sridhar, Telangana officer arrested by ACB for...?
The ACB raided 13 sites linked to arrested Telangana engineer Nune Sridhar on Tuesday. (File) Nune Sridhar, an executive engineer in the Telangana state Irrigation & CAD Department, was arrested by the state's Anti-Corruption Bureau (ACB) on Tuesday on corruption charges after it was found that he had amassed wealth which is well beyond his legitimate income. As per law enforcement agencies, Sridhar's list of ill-gotten properties include 19 prime residential plots, four flats, and a lavish villa. Nune Sridhar also allegedly spent crores of rupees on his son's destination wedding in Thailand, and also owns stakes in several hotels across the state, they said. Nune Sridhar owns property worth hundreds of crores On Tuesday, the ACB raided 13 locations linked to Nune Sridhar, and seized disproportionate assets allegedly owned by him, including a 4,500 square foot flat in the posh Sky High residential complex in Sheikhpet, Hyderabad, and three other flats in Karimnagar. According to the agency, Sridhar also owns a luxury villa in Tellapur near Hyderabad, three independent buildings in Warangal, Karimnagar and Hyderabad, 19 prime residential plots in the three cities, 16 acres of agricultural land and has stakes in several hotels in Karimnagar worth several crores of rupees, besides cash, jewelry and bank deposits, that are hugely disproportionate to his income. Sridhar involved in corruption case that toppled KCR govt As per reports, Nune Sridhar was involved in the Kaleshwaram Lift Irrigation Project, which is surrounded by allegations of corruption. The PC Ghosh commission, which is investigation the alleged irregularities in the project, has summoned former Telangana Chief Minister and Bharat Rashtra Samiti (BRS) supremo K Chandrasekhar Rao (KCR). Congress had flagged Kaleshwaram Lift Irrigation Project corruption as a major issue in the 2023 state assembly polls, even as the then ruling BRS had refuted the allegations as baseless, claiming the project was built to promote the welfare of Telangana citizens. Meanwhile, Nune Sridhar has been charged in a disproportionate assets cases, the ACB said, adding that all his financial and property documents, as well as transaction records, are being thoroughly examined to detect potential benami holdings and corruption in irrigation contracts under his watch.
The Hindu
12 hours ago
- The Hindu
Kaleshwaram fiasco: ACB to seek then executive engineer's custody
The Telangana Anti-Corruption Bureau (ACB) is preparing to file a petition seeking the custody of Nune Sridhar, the executive engineer who worked for the Kaleshwaram Lift Irrigation Project (KLIP), who was arrested earlier this week in connection with alleged irregularities in its execution. Mr. Sridhar, who was remanded in judicial custody on June 11, is facing charges of amassing assets disproportionate to his known sources of income. According to ACB sources, the agency intends to question him in detail to trace the origins of the wealth he is alleged to have accumulated during his tenure in public service, particularly his involvement in the Kaleshwaram project. The arrest followed simultaneous searches at 14 locations across Telangana, including Mr. Sridhar's residence and properties linked to his relatives. The raids revealed a villa at Tellapur, a flat at Shaikpet, three more houses in Karimnagar, commercial space at Ameerpet, and independent buildings in Hyderabad, Warangal and Karimnagar. The ACB reiterated its appeal to the public to report corruption involving government employees. Complaints can be made anonymously through the toll-free number 1064 or via social media platforms, with full confidentiality.
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Business Standard
2 days ago
- Politics
- Business Standard
Thai wedding, 19 plots, 4 flats: Telangana engineer arrested in graft case
An executive engineer in Telangana's Irrigation and Command Area Development Department, Nune Sridhar, has been arrested after the Anti-Corruption Bureau (ACB) unearthed assets worth several crores allegedly disproportionate to his known sources of income. The officer was arrested following searches at 13 locations linked to him and his relatives. According to the ACB, Sridhar, who served in Division number 8, SRSP Camp, Choppadandi, Karimnagar, is accused of acquiring properties through 'unlawful practices and dubious means'. The searches revealed a sprawling web of assets, including luxury real estate and lavish personal expenses. Telangana Engineer's lavish lifestyle under scrutiny Among the most talked-about discoveries was a destination wedding hosted by Sridhar in Thailand for his son, on which he reportedly spent crores. Authorities also traced a high-end 4,500 sq ft flat in Sky High, a luxury residential complex in Shaikpet, Hyderabad, in addition to at least three other flats in Karimnagar. Sridhar is also alleged to own a villa in Tellapur near Hyderabad, three independent buildings in Hyderabad, Warangal, and Karimnagar, 19 prime residential plots in these cities, and 16 acres of agricultural land. Commercial space at Ameerpet, stakes in several hotels in Karimnagar, two four-wheelers, gold jewellery, and significant bank deposits were also found during the searches. The ACB confirmed Sridhar's arrest, and he has been sent to judicial remand. The market value of the properties is expected to be much higher than the registered value. Further investigations are ongoing. Links to Kaleshwaram project Sridhar has also been involved in the controversial Kaleshwaram Lift Irrigation Project, touted as the world's largest multi-stage lift irrigation initiative. The project has faced persistent allegations of irregularities and corruption. The former chief minister of Telangana and Bharat Rashtra Samithi (BRS) chief K Chandrashekar Rao has also been summoned by the PC Ghose Commission, which is investigating alleged violations in the project's execution. These corruption allegations had featured prominently during the 2023 Assembly election campaigns. The BRS, however, has denied all wrongdoing, asserting that the project was implemented in the public interest. [With agency inputs]
India Today
2 days ago
- Business
- India Today
Villa, 19 plots, 3 buildings, cars: Telangana engineer held in anti-corruption raids
A villa, multiple flats, commercial space, independent buildings, 16 acres of agricultural land, 19 prime open plots, two four-wheelers, gold ornaments and substantial bank deposits — this is the wealth unearthed by the Anti-Corruption Bureau during raids on Nune Sridhar, an Executive Engineer with the Telangana Irrigation and Command Area Development was arrested for allegedly amassing assets disproportionate to his known sources of income. A case of Disproportionate Assets was registered against him for acquiring properties through unlawful means and by misusing his official position. According to the Anti-Corruption Bureau, he is accused of 'indulging in unlawful practices and dubious means' during his were carried out at his residence and 13 other premises associated with him and his relatives. The Anti-Corruption Bureau stated that the high-value properties include a villa in Tellapur, a flat in Shaikpet, three flats in Karimnagar, commercial space in Ameerpet, and independent buildings in Hyderabad, Warangal and Karimnagar. In addition, 19 residential prime open plots and 16 acres of agricultural land were also found in Hyderabad, Warangal and Karimnagar. The bureau added that the market value of these assets is significantly higher than their officially recorded value. According to sources, Sridhar was previously associated with the Kaleshwaram Lift Irrigation Project. The multi-crore project, constructed during the previous Bharat Rashtra Samithi (BRS) regime at an estimated cost exceeding Rs 1 lakh crore, has been under sustained scrutiny over alleged financial and technical intensified following structural failures, including the reported sinking of piers at the Medigadda barrage. Bharat Rashtra Samithi president and former Telangana chief minister K Chandrashekar Rao (KCR), appeared before the PC Ghose Commission on June 11 in connection with the ongoing probe into the project's alleged lapses. IN THIS STORY#Telangana
New Indian Express
2 days ago
- New Indian Express
ACB nets Kaleshwaram project engineer with assets worth Rs 200 crore
KARIMNAGAR/HYDERABAD: Nune Sridhar, an executive engineer in the Irrigation department, was on Wednesday arrested by the Anti-Corruption Bureau (ACB) in a disproportionate assets case and sent to judicial remand. Sridhar has been serving as in-charge of the Gayatri and Nandi Medaram pump houses under the Kaleshwaram Lift Irrigation Scheme (KLIS). Sridhar's arrest came after the ACB conducted searches at 14 locations, including his residence in Karimnagar and properties belonging to his relatives. Officials said the EE amassed assets 'through unlawful practices and dubious means' while serving in various capacities, including his current post in Division No-8, SRSP Camp, Choppadandi, Karimnagar. The searches revealed that the accused had acquired these movable and immovable properties by abusing his official position, the ACB said. The searches are still going on. The unofficial estimate put the market value of the assets seized at around Rs 150 crore to Rs 200 crore. 'The market value is expected to be much higher than the official value,' the ACB release stated, adding that further investigation is in progress. Sridhar resides in a flat in Karimnagar city. ACB carried out searches at his relatives' houses in Jyothinagar in Karimnagar.
