In a bid to crackdown fraudulent activities, ACB on Sunday arrested Additional Excise Commissioner K Lakshman Bhaskar, after a property worth Rs 30 crores was seized from him. Earlier, Bhaskar’s properties were raided at 11 places in AP and Telangana. The new currency notes of Rs 2,000 denomination worth Rs seven lakh were also recovered from the accused. As per reports, probe is still on and some of the accused’s accounts and lockers are yet to be probed.
Reports said that some crucial documents relating to Bhaskar’s properties and his benamis are also seized in raids. The sleuths are yet to open his lockers in various banks, which could reveal more treasure, they said. He was apprehended and taken to Visakhapatnam as part of investigation of the case, some PTI sources said.
As per a PTI report, Bhaskar, who hails from Ramanapalem area in West Godavari, had worked in various Excise Department in Visakhapatnam. The raids were conducted in Visakhapatnam, Vijayawada, Hyderabad, Rajahmundry and his hometown Ramanapalem.
Officials, associated with various public agencies are being arrested countrywide. Earlier, Central Bureau of Investigation on Saturday arrested two senior RBI officials from Bengaluru in alleged involvement of unauthorised exchange of money. In second such incident, Senior Special Assistant & Special Assistant of Cash Departement were arrested by CBI. Earlier, K Micheal, a senior special assistant of the Reserve Bank of India was arrested in Bengaluru for the alleged conversion if banned notes of Rs 500 and Rs 1000.