ED Registers PMLA Case Against Suspended DSP Over ₹150-Crore Assets

The Directorate of Enforcement has registered a case under the Prevention of Money-Laundering Act against suspended Deputy Superintendent of Police Sankireddy Bheem Reddy, following allegations that he amassed disproportionate assets valued at ₹150 crore by market estimates through corrupt practices. The central agency's action comes after Bheem Reddy was previously arrested by the Anti-Corruption Bureau upon the discovery of unaccounted-for wealth.

Investigating officials have focused on properties linked to the suspended officer across several localities, including Gachibowli, Manikonda, Tellapur, Patancheru, Nagole, Mominpet, and Zaheerabad, as well as Bengaluru and other locations. According to agency sources, the ED discovered that the majority of these real estate holdings were registered in the names of benami associates.

To trace the proceeds of corruption, the ED has expanded its inquiry to examine the financial footprints of Bheem Reddy’s family members, relatives, close friends, and suspected benamidars. A special team from the agency has been questioning property sellers and coordinating directly with banking institutions to map out transaction trails and verify the authentic sources of the funds used in the purchases.

Alongside the central financial probe, the Income-Tax Department has registered a parallel case against the suspended police officer to investigate tax-related violations and unaccounted assets.

An ED official stated that the agency will initiate further enforcement action under the PMLA once the ongoing phase of financial tracing and asset verification is completed.