‘Raided officials amassed wealth 77% to 879% more than their known sources of income’
The Hindu
ACB officials assess value of seized assets
A day after the Anti-Corruption Bureau seized movable and immovable properties from 15 government officials across the State, officials conducted initial evaluation: the amassed wealth allegedly ranged between 77-879% disproportionate to their known sources of income. Hundreds of ACB officials and personnel carried out simultaneous operations at 68 locations and seized gold, silver, cash documents related to properties and bank records.
While a section of officials began to assess the value of the seized properties, other teams continued the operations on Thursday opening bank lockers belonging to the officials. “The estimation was done based on the documents produced by the accused officials and information gathered from various sources,” said the ACB.