This Article is From May 05, 2010

Hyderabad: IAS officer amasses wealth, arrested

Hyderabad: The Andhra Pradesh Anti-Corruption Bureau (ACB) has arrested an Indian Administrative Service (IAS) officer after it claimed to have unearthed assets worth over Rs 20 crore that were disproportionate to his known sources of income.

The Central Investigation Unit of the ACB raided the residence of M Jaganmohan, a 1999-batch IAS officer currently posted as Joint Collector of Ranga Reddy district, and claimed to have seized three kilograms of gold, Rs 15 lakh in cash and many property documents.

Bank balance amounting to Rs 12 lakh and investments in life insurance policies, national savings and Kisan Vikas Patras amounting to Rs 15 lakh, household articles worth Rs four lakh and a car worth Rs seven lakh were also seized in the raid, according to ACB Joint Director Sampath Kumar.

In all, nine special teams of ACB simultaneously raided the official residence of Jaganmohan on Road No.13, Banjara Hills, his relative's house at Kundanbagh, his office chamber in the Ranga Reddy district Collectorate and other places, and seized documents related to his properties in Hyderabad, Visakhapatnam and Ranga Reddy district, sources in the ACB said.

The IAS officer is also said to have owned two houses in Hyderabad city, six flats in Hyderabad and Visakhapatnam and eight house sites in Ranga Reddy district.

Jaganmohan, an MSc, PhD and M Ed joined state revenue service in December 1990 and was inducted into IAS in January 2005 and allotted the 1999 batch.

His wife is a revenue divisional officer-cadre officer currently posted in the Urban Land Ceiling wing of the state revenue department.

The ACB sleuths were still continuing the searches on Jaganmohans properties while his three bank lockers were also being opened. The sleuths found 600 grams of gold in one bank locker.

Jaganmohan, however, did not speak to the media and remained in his official residence when the raids were conducted. Subsequently, he was arrested and taken away by the ACB without letting him interact with the media.

He will be produced before the special court in Hyderabad on Wednesday for ACB cases.
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