Karnataka News

Karnataka ACB raids properties of rural development officer Ranganatha Naik, reveal 16-crore assets

Karnataka Anti-Corruption Bureau sleuths raided the premises of Ranganatha Naik, superintending engineer in the Rural Development Department at Mysuru.

Published: 03rd March 2017 10:55 AM  |   Last Updated: 04th March 2017 04:40 AM   |  A+A-

By Express News Service

MYSURU: Anti-Corruption Bureau (ACB) sleuths raided the office and properties of a superintendent engineer with the Rural Development Department here on Friday and unearthed properties including flats, a farmhouse, gold and others worth more than Rs 16 crore. 

Simultaneous raids were carried out on Ranganatha Naik’s flat at Vijayanagar 1st stage and Rural Development Deparment office, both at Mysuru, a house at Chikkamagaluru and an under construction house at Nagavara in Bengaluru. The official is on deputation from the Public Works Department.

The list of properties unearthed include a flat worth Rs 25 lakh in Mysuru, a six-storey building with  modern amenities on a 40x60 plot near Manyata Tech Park in Bengaluru worth Rs 11 crore, a flat at Mantri Green Apartments at Malleswaram in Bengaluru, a 50x80 BDA site at Visweswaraiah Layout in Bengaluru worth Rs 80 lakh, a farmhouse at L Agrahara in Chikkamaghaluru district worth Rs 40 lakh, 2.3 kg gold ornaments, 8 kg silver, two cars, a motorcycle, Rs 60,000 cash, Rs 33 lakh in an SB account of Indian Overseas Bank in Mysuru and Rs 2 lakh in an SB account of Bank of Baroda in JP Nagar, Bengaluru. 

ACB sources said they had received a series of complaints against Naik and initial probe under the Prevention of Corruption Act indicated that he owned properties that were way beyond his known sources of income.

A selection grade PWD officer, Ranganath was earlier working in Bengaluru in the PWD. He was posted in Mysuru after he got promoted as Superintending Engineer.

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