It is also further averred that Ac.14.00 of land belonging to the Government which has been assigned in favour of members of Scheduled Castes and Scheduled Tribes was illegally appropriated by the 8th respondent and the rest of his family members thus violating the law relating to The Andhra Pradesh Assigned Lands (Prohibition of Transfer) Act,1977 and that the 8th respondent has also impounded four large lakes in his farm land and thus breached the ethics and law and that the 8th respondent’s mother who has inherited a mere Ac.2.00 of land, could however purchase Ac.5.00 of land in Sy.No.59 of Madinaguda Village of Hyderabad city in the year 2000 from one Sri Jasti Panduranga Vittal for a total sale consideration of Rs.40 Lakhs and also purchased a plot of 1,135 sq.yds in Banjara Hills area of Hyderabad city for a mere Rs.35 Lakhs and that one year down the line thereafter, these properties have been gifted by her in favour of the son of the 8th respondent and that the mother of the 8th respondent could not have generated Rs.75 Lakhs of savings from the meager assets possessed by her and thus the 8th respondent has cleverly used the name of his mother for purposes of securing most valuable assets in and around Hyderabad city in favour of his minor son without the necessity to explain the sources for such acquisition and that one year thereafter, these properties were shown as sold to one J. Satyanarayana, who in-turn gifted those properties in favour of his daughter Ms. Sudha Saradha, W/o Sri Nagaraja Naidu, who has got proximately close links with the family of the 8th respondent, thus an ingenuous system has been devised by the 8th respondent of amassing wealth but at the same time ensuring that the actual asset is reflected in the name of third parties and that one Sri D. Ranveer was originally owning Ac.19.00 of land in Sy.No.51 of Madinaguda Village, which was shown as sold away to Sri Bhaskara Rao and Sri Panduranga Vittal, Ac.10.00 and Ac.9.00 respectively and it is Sri Panduranga Vittal, who in-turn sold Ac.5.00 out of these Ac.9.00 to the mother of the 8th respondent as set out supra, and that Sri Bhaskara Rao also sold away Ac.5.00 out of Ac.10.00 acquired by him in favour of Smt. Sudha Sarada W/o Sri Nagaraja Naidu and this Ac.5.00 of land was in-turn was shown as sold to the 9th respondent, who is none other than the wife of the 8th respondent, thus the immediate family members of the 8th respondent have acquired most valuable land at Madinaguda Village in a circuitous manner to avoid immediate detection and that the entire extent of Ac.19.00 is encircled by one contiguous common compound wall and that Sri Nagaraja Naidu is a Director in all the group companies through which the business initiatives of the 8th respondent are carried on. Thus, the various persons have merely lent their names for enabling the 8th respondent acquiring, illegally, wealth. More
