Anti-Corruption Bureau (ACB) sleuths on Tuesday seized cash worth Rs4.47 crore during a raid on a real estate company in Hyderabad.
According to the details available, this unaccounted money belongs to the former Director of Telangana Insurance Medical Services Devika Rani popularly known as the queen of corruption who is currently in jail. Based on the information given by her, the cops raided the firm and recovered the booty which was intended for investments in real estate business.
It is said her co-accused in the case, Naga Lakshmi, a Pharmacist, has her share in this booty. Further investigation is on.