Overview

• Anti-Corruption Bureau raids across 14 locations uncovered assets valued between ₹60 crore and ₹100 crore that far exceed Sridhar’s known income sources.
• Luxury real estate seized includes a villa in Tellapur, a 4,500 sq ft flat in Shaikpet, multiple flats in Karimnagar, three independent buildings and 19 residential plots.
• Investigators also uncovered 16 acres of agricultural land, two four-wheelers, gold jewellery, significant bank deposits and records of a crores-worth Thai destination wedding.
• Sridhar was remanded to 14 days of judicial custody as officials continue to sift through financial documents, bank lockers and property records to identify any benami holdings.
• Probes now focus on his former role in the Kaleshwaram Lift Irrigation Project and have led the PC Ghose Commission to summon ex-CM K. Chandrashekar Rao over alleged project irregularities.