Telangana ACB uncovers ₹5.88 crore assets at HMWS&SB official's premises
Synopsis
Key Takeaways
Telangana's Anti-Corruption Bureau (ACB) on 19 May registered a disproportionate assets case against Saggam Anantha Laxmi Kumar, General Manager (Engineering), Project Division-VIII, Red Hills, of the Hyderabad Metro Water Supply and Sewerage Board (HMWS&SB), after searches at nine premises linked to him yielded assets valued at over ₹5.88 crore. The ACB said the official allegedly acquired wealth disproportionate to his known income through corrupt practices during his service tenure.
What the Searches Uncovered
ACB teams conducted simultaneous raids since early morning at Kumar's residence in Mallapur and eight other locations belonging to his relatives, friends, benamis, and associates. Officials were seen counting cash and sealing valuables on-site.
Documents relating to 18 acres of agricultural land in Nizamabad and Sangareddy, six open plots, three flats, and one house in Hyderabad were recovered. Additionally, net cash of ₹1.10 crore, gold ornaments weighing 2.1 kg, silver articles weighing 9.2 kg, one Maruti Ritz car, and one Bajaj motorcycle were seized from his residence. The total documented asset value stands at ₹5,88,55,490, according to the ACB.
The bureau cautioned that the actual market value of the movable and immovable properties 'may be many times higher than the document value,' suggesting the final figure could rise significantly once verification is complete.
Legal Basis for the Case
The case has been registered under Sections 13(1)(b) and 13(2) of the Prevention of Corruption Act, 1988, as amended in 2018 — provisions that deal with a public servant possessing assets beyond known income sources. Further verification of additional assets is currently underway, and the case remains under active investigation, the ACB stated.
Pattern of ACB Action in Telangana
This is not an isolated action. In a comparable case in December last year, the ACB uncovered assets allegedly amassed by Mood Kishan, then Deputy Transport Commissioner, Mahabubnagar district. While the document value of his properties was pegged at ₹12.72 crore, the actual market value was estimated at over ₹100 crore. The Telangana ACB has notably intensified its scrutiny of mid-to-senior level government officials across departments, with engineering and transport wings emerging as recurring targets.
What Happens Next
Investigators are expected to complete asset verification and file a chargesheet before the designated Special Court for ACB cases. The bureau's statement that market values could far exceed document values signals that the total disproportionate wealth figure may be revised upward as the probe deepens.