Chief Engineer Panduranga Rao arrested by ACB - NTv
Sat, Jun 24, 2017, 09:13 PM
Chief Engineer Pamu Panduranga Rao, has been arrested by Anti-Corruption Bureau (ACB) officials. He has been arrested on the charges of being in possession of disproportionate assets. The Engineer had amassed huge wealth in the form of gold, silver and benami properties. ACB officials discovered that a number of shell companies were opened by him, to divert the funds. In an inquiry, it was noted that the companies did not transact any business, but were simply registered in the name of his wife.