ACB Uncovers Massive Rs 30 Crore Illegal Asset Haul in Visakhapatnam
In a significant crackdown on corruption, officials from the Anti-Corruption Bureau (ACB) in Visakhapatnam have unearthed illegal assets valued at over Rs 30 crore at market rates. The assets are allegedly linked to Kallepalli Srinivasa Rao, a retired superintending engineer who served with the Panchayat Raj department in Andhra Pradesh.
Tip-Off Leads to Multi-City Raids
Acting on a credible tip-off regarding the acquisition of assets disproportionate to known sources of income, the ACB registered a formal case. Teams led by DSP BVSS Ramana Murthy then conducted simultaneous searches across five locations in Vizag, Saluru, and Hyderabad. The raids targeted the residence of the accused officer as well as the properties of his relatives and close associates.
Extensive Portfolio of Illicit Wealth Revealed
The comprehensive searches disclosed a vast portfolio of illicit wealth accumulated by the retired engineer. The seized and identified assets include:
- Three prime house-sites
- Two residential flats in urban areas
- Over 18 acres of valuable agricultural land
- Cash amounting to Rs 61.8 lakh
- 2.5 kilograms of gold and 20.3 kilograms of silver
- A car and a motorcycle
- Numerous valuable household articles and furnishings
Furthermore, ACB officials have identified five bank lockers during the operation. These lockers are scheduled to be opened and inspected on Friday, with further searches currently in progress to uncover any additional hidden assets.
Legal Proceedings and Career Background
The accused retired officer, Kallepalli Srinivasa Rao, will be formally arrested following due legal procedure. He is set to be produced before the special court designated for the trial of ACB cases in Vizag for further judicial proceedings.
According to ACB officials, Srinivasa Rao began his career as an assistant engineer in the Panchayat Raj department back in 1990. He served in various capacities across multiple locations in the Vizianagaram and Visakhapatnam districts over the decades. After a long tenure, he eventually rose to the position of superintending engineer. While serving in this senior capacity at Visakhapatnam, he retired from service upon superannuation on December 31, 2025.
The case highlights ongoing efforts by anti-corruption agencies to investigate and prosecute cases of disproportionate assets, particularly involving public servants, even after their retirement.
