ACB seized 36 crore assets at DTC’s residence

NOB_ACB seized assets worth 36 crore at Mahbubnagar Deputy Transport Commissioner’s residence

NOB-Mahabubnagar news: ACB officials conducted raids at the residence of Mahbubnagar Deputy Transport Commissioner Kishan Naik on allegations of accumulating assets disproportionate to his income. Since 24.12.2025 morning, officials conducted raids at his residence in RR Nagar, Boyinapally, Hyderabad, and in approximately 12 other locations, identifying a large amount of assets. Officials estimate that the value of the identified assets is over Rs. 36 crore in the open market. Petrol pumps, shopping complexes, hotels, and other immovable and movable properties were identified in various locations. 1.5 kg of gold was found in bank lockers and seized. ACB officials conducted raids in Hyderabad, Mahbubnagar, Ranga Reddy districts, and other areas. Kishan Naik assumed charge as the Deputy Transport Commissioner of Mahbubnagar in December 2024. The ACB is conducting these raids in the wake of recent allegations of corruption against RTA offices across the state.

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