ED conducts searches on suspended HMDA official Shiva Balakrishna properties; Rs 250 crore assets flagged by ACB
Enforcement Directorate searched multiple locations connected to Shiva Balakrishna. He is a suspended HMDA official. The action relates to disproportionate assets. Anti-Corruption Bureau had arrested him earlier. ED issued a case under PMLA. The agency suspects quid pro quo deals with realtors. ACB's FIR revealed Balakrishna amassed significant assets. ED is facing challenges due to limited document sharing by ACB.
Enforcement Directorate searched multiple locations connected to Shiva Balakrishna. He is a suspended HMDA official. The action relates to disproportionate assets. Anti-Corruption Bureau had arrested him earlier. ED issued a case under PMLA. The agency suspects quid pro quo deals with realtors. ACB's FIR revealed Balakrishna amassed significant assets. ED is facing challenges due to limited document sharing by ACB.
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