ACB Detects Massive Assets at Mohan Naik’s Residence

The Anti-Corruption Bureau (ACB) has uncovered massive assets worth nearly ₹200 crore during raids conducted at the residence of R&B ENC Mohan Naik. The searches revealed large-scale disproportionate assets linked to multiple properties and investments.

Officials reportedly found ₹60 lakh cash and around 2.5 kg of gold jewellery at his residence. In addition, several assets including residential flats in Hyderabad, agricultural land in Nizamabad, high-value villas, apartments, open plots, and farmhouses in the outskirts were identified during the investigation.