HYDERABAD: As investigation revealed that Insurance Medical Services (IMS) fraud main accused Devika Rani and her family own about Rs 10 cr worth assets in neighbouring Andhra Pradesh, including 11 plots in Amaravathi, Anti-Corruption Bureau (ACB) officials have sought details of properties likely owned by the accused in Tamil Nadu, Karnataka and Maharashtra by writing to stamps and registration departments of these states. So far, ACB had unearthed properties worth over Rs 100 crore allegedly belonging to the accused.
With the unearthing of the assets of Devika Rani and her family in Andhra Pradesh, ACB director-general (DG) wrote to ACB chiefs and registration and stamps IGs of Tamil Nadu, Karnataka, and Maharashtra a week ago seeking details of the properties owned by Devika and her family members.
“We have information of Devika Rani having an account in a chit fund company in Erode of Tamil Nadu and the family members possibly having properties in Bengaluru and Mumbai. So, we have sought details of the investments and properties of the accused in those three states,” an ACB investigator said.
ACB had arrested Devika Rani, the then director of IMS, and six others in September 2019 in the multi-crore IMS fraud. Subsequently, Devika Rani’s husband, P Gurumurthy, a retired civil surgeon, was also arrested in the disproportionate assets case and ACB sleuths had mentioned they have unearthed disproportionate assets worth over Rs 100 crore belonging to Devika Rani and her family members.
As the preliminary information indicated that the accused might have assets in Andhra Pradesh, an ACB team had conducted searches in Tirupati and Kadapa and found that the accused had a G+4 shopping complex in Tirupati and an independent house in Visakhapatnam. Subsequently, ACB director-general wrote to his Andhra Pradesh counterpart and inspector-general (IG) of registration and stamps department, Andhra Pradesh, seeking details of the properties owned by Devika Rani and her family members.
A few months ago, ACB sleuths received details from AP registration and stamps department mentioning that in 2016, Devika and her family members had purchased 11 plots, each of about 225 square yards under Amaravathi sub-registrar office. They had also bought two plots of 300 square yards each in Pedda Kakani, a village on the National Highway between Vijayawada and Guntur. “The market value of the assets in AP, including the commercial complex in Tirupati and the independent house in Vizag, would be about Rs 10 crore,” an ACB official said.