ACB Seeks I-T probe into Properties Allegedly Held in Benami Names

Based on ACB reports, the I-T officials have initiated action in cases involving alleged illicit assets worth more than Rs.100 crore. The IT department has reportedly registered cases under the Benami Transactions



(Prohibition) Act and begun an investigation similar to an ED-style probe.

The properties allegedly held in benami names by REDCO DE Muthyam Venkata Ramana, DSP Bheem Reddy, HMDA Chief Engineer Ravinder, Land Records Deputy Director Sunkari Narahari Rao, Excise Superintendent Kommuri Mallareddy, and R&B Engineer-in-Chief Mohan Naik are under the IT department’s investigation.