Hyderabad. The Telangana Anti-Corruption Bureau (ACB) has registered a disproportionate assets case against Nori Lakshmi Bhasker, Additional Medical Superintendent of Nizam’s Institute of Medical Sciences (NIMS), after searches allegedly uncovered movable and immovable assets worth around ₹6.13 crore. According to the ACB, searches conducted on September 20 at Bhasker’s residence and seven other locations linked to him revealed several properties and financial investments. The agency said the actual market value of the assets could be significantly higher than their documented value.
The ACB searched Bhasker’s residence as well as premises linked to his relatives, friends, alleged benami holders and other associates. During the searches, investigators reportedly found documents related to multiple properties and financial investments. The agency is now examining the ownership of these assets, the sources used to purchase them and their connection with Bhasker’s known sources of income.
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According to the investigating agency, the searches uncovered documents related to a four-bedroom flat in a high-rise gated community, two three-bedroom flats in Kukatpally and five two-bedroom flats located in Manikonda, Petbasheerabad and Kukatpally. Documents relating to four open plots in Yadadri, Nandigama and Shamirpet were also found. In addition, investigators found papers linked to an approximately 800-square-yard plot in Visakhapatnam.
The ACB also identified a bank balance of ₹8.41 lakh and post office deposits of ₹12 lakh. Investments of around ₹35 lakh in private financial institutions and mutual fund investments worth ₹29.55 lakh were also reportedly found during the searches. Investigators also listed around 517.8 grams of gold ornaments among the assets under scrutiny.
The vehicles identified during the searches included four cars, among them a Jaguar, an Audi and a Tata Nexon, along with four two-wheelers. The ACB is examining the purchase of these vehicles, the sources of payment and the related financial transactions.
The agency alleged that Bhasker had invested around ₹1.30 crore in the purchase of a flat that is currently under dispute before the Debt Recovery Tribunal. It also alleged that he had given private loans of around ₹1.33 crore to various individuals. Investigators are examining the source of these funds and whether the transactions correspond with Bhasker’s known income.
According to the ACB, Bhasker allegedly acquired assets disproportionate to his known sources of income through corrupt practices and dubious means during his period of service. These allegations are part of the ongoing investigation, and the final position in the case will depend on further investigation and the legal process.
The case has been registered under relevant provisions of the Prevention of Corruption Act. The ACB said a detailed examination of the documents and properties found during the searches was continuing and that additional assets were also being verified.
An important part of the investigation will be determining how many of the identified properties are directly held by Bhasker and how many are allegedly held in the names of relatives, acquaintances or other individuals. Investigators are also expected to match property purchases with his income, bank transactions, investments and other financial sources during the relevant period.
The ACB’s action follows the standard investigative process used in disproportionate-assets cases, in which an official’s declared income and legitimate financial resources are compared with the assets accumulated during the relevant period of service. According to the agency, the financial position of Bhasker and the extent of the alleged disproportion will become clearer after verification of the properties, investments, transactions and other documents recovered during the searches.
About the author — Suvedita Nath is a science student with a growing interest in cybercrime and digital safety. She writes on online activity, cyber threats, and technology-driven risks. Her work focuses on clarity, accuracy, and public awareness.
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