Nori Lakshmi Bhaskar, Additional Medical Superintendent at Hyderabad’s Nizam’s Institute of Medical Sciences (NIMS), was sent to Chanchalguda prison after the Telangana Anti-Corruption Bureau completed his three-day police custody in a disproportionate-assets case involving properties and investments valued at Rs.6.13 crore, according to the ACB.
Bhaskar, 56, was arrested on September 22 after the ACB registered a case alleging that he had accumulated assets disproportionate to his known sources of income through corrupt practices and other dubious means during his service. The latest development followed the completion of the agency’s custodial questioning.
According to the ACB, Bhaskar was initially tight-lipped during questioning about assets allegedly acquired in the names of benamis and other associates. The agency said persistent questioning led to information about such holdings. These claims form part of the investigation and have not been established by a court.
The case was registered under provisions of the Prevention of Corruption Act, 1988. Following the arrest, ACB officials searched Bhaskar’s residence at Kalpataru Apartments in Erragadda and seven other locations linked to his relatives, friends, benamis and associates.
The searches produced documents relating to flats, open plots, investments in financial institutions, gold ornaments and vehicles, the ACB said. The agency valued the assets at Rs.6.13 crore based on the documents collected. It added that the market value of the movable and immovable properties could be several times higher than their documented value.
The ACB also alleged that Bhaskar had invested Rs.1.30 crore in purchasing a flat that was involved in a dispute before the Debt Recovery Tribunal. It further said that he had lent another Rs.1.33 crore to various people as hand loans.
Bhaskar’s movement to Chanchalguda prison marks the end of the reported three-day police-custody period. The ACB’s investigation into the alleged assets, their ownership and their connection to the accused officer’s known sources of income remains the central focus of the case.
