Hyderabad, July 2 -- Sleuths of Enforcement Directorate (ED) carried out searches at the residence of suspended Hyderabad Metropolitan Development Authority (HMDA) official Shiva Balakrishna at Rajendranagar in the city on Wednesday in connection with a money laundering probe against him.
The raids were also conducted at the residence of Balakrishna's brother Naveen Kumar's house in Chanakya Nagar, outskirt of the city.
The ED's action comes months after the ACB arrested Balakrishna and his brother on January 25 in a Disproportionate Assets (DPA) case.
ACB officials had raided 17 locations, including properties of relatives and associates, leading to the seizure of assets worth over Rs 8.26 crore, according to government value estimates....