Search the Internet          Tips  Sites: Finance, Investment

CBI raids 114 places; customs official held

Clamping down on corruption in high places, the Central Bureau of Investigation continued with its nationwide raid at nearly 114 residential and official premises and seized cash totalling Rs 15 million and documents showing ownership of property worth Rs 69 million.

The CBI registered 37 cases during its third special drive this year against people holding key positions, an agency spokesman said in New Delhi.

In Goa, searches were carried out at four locations in connection with a case registered against a superintendent of Customs (aiport) and during the searches, the CBI recovered investments worth Rs 780,000 and gold weighing 1.1 kgs, the spokesman said.

At Pune, a customs and excise superintendent was trapped while accepting a second instalment of bribe of Rs 2,500 for issuing an export certificate, the sources said adding that searches were being carried out at his premises at Wai and Pune.

He said a Disproportionate Assets case was registered against S P Singh, an additional private secretary of the minister of state for chemical and fertilizers, for allegedly amassing huge property.

CBI said during the search against Singh at six places New Delhi and Kolkata, cash worth Rs 288,000 and gold ornaments worth Rs 450,000 had been seized.

The CBI also alleged that Singh had also purchased an independent house in posh South Delhi area whose market value was put at Rs 10 million.

The CBI also registered a DA case against the former chairman and managing director of Hindustan Machine Tools N Ramanujana and during searches at his residence the agency sleuths found documents for investments worth Rs 760,000 and bank balance of around Rs 680,000, gold and silver jewellery weighing 1.3 kgs and 40 kgs respectively, the spokesman said.

The CBI registered a DA case at Chandigarh against an Income tax Commissioner (appeals) Rajpal Singh.

During the searches at official and residential premises of Singh, an Indian Revenue Services officer of 1981 batch, the CBI claimed to have found documents which revealed that he possessed five shops, one flat and a house in Karnal.

The CBI also registered a case against an assistant commissioner of Income Tax S Ingle and claimed to have recovered property worth Rs 4.5 million besides a cash seizure of Rs 850,000.

The CBI also registered three cases against six export firms on cheating and conspiracy charges for using forged and false documents and bank realisation certificates thus cheating the government of Rs 20 million.

A case had been registered against a material manager of Central Coal Fields Limited S K Aggarwal in Ranchi and during searches, the CBI recovered property worth Rs 1.1 million and investments to the tune of Rs 2.9 million, he said.

In Aurangabad, sleuths found at premises of the assistant commissioner of Income Tax cash of Rs 700,000, including Rs 200,000 in a bank locker, fixed deposit receipts of over Rs 322,000, Rs 61,000 in NSC, three plots of land in Jalna and Aurangabad, household articles worth over Rs 200,000 and a rolling mill in his son's name, the agency sources said.

ALSO READ:
More Money Headlines