nayeem: Telangana: Confiscation orders issued in Nayeem case | Hyderabad News
The gangster’s case is the first in Telangana and Andhra Pradesh, where confiscation orders were issued after the process of attachment, adjudication and appeal have been completed.
The properties were attached in 2018 and confirmed by adjudicating authority in January 2019. I-T Benami prohibition unit then attached around 45 properties with a document value of ? 12 crore and a market value of around ? 150 crore. The I-T department attached land, commercial complex and agricultural plots in Yadadri Bhongir district. Nayeem was killed in a shootout in Shadnagar on August 8, 2016.
Police then seized firearms, including three AK 47, pistols, revolvers, hand grenades, gelatine sticks and others from the house where he was hiding out. A special investigation team of Telangana police probed into the crimes involving Nayeem and his gang.
I-T department has attached properties of Nayeem registered in benami names under Benami Transactions (Prohibitions) Act. Benamidars include family members and associates.
In March 2019, Rachakon- da Police arrested Nayeem’s wife Mohd Hasina Begum and co-accused Pasham Srinivas, Abdul Faheem, Abdul Nazer and T Srinivas on the allegations of selling Benami properties in Bhongir district.
Despite the original documents of the properties being in the SIT’s custody, the accused sold the plots using photocopies.
Sources said as the confiscation orders were issued regarding ten properties, the department would take over the possession, and ownership would be vested with the Union government.
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