INDIA
CBI seized Rs 20 crore in cash on Tuesday during its searches. But the amount rose to more than Rs 38 crore by Wednesday, a CBI spokesperson said.
A day after conducting searches on the premises of former Chairman and Managing Director (CMD) of WAPCOS, Rajinder Kumar Gupta, the Central Bureau of Investigation (CBI) has arrested him and his son Gaurav. The central agency had recovered Rs 20 crore in cash during the searches on Tuesday, but the amount rose to Rs 38 crore on Wednesday, officials said.
It is one of the biggest seizures of cash by the agency. WAPCOS is a central public sector enterprise entirely owned by the government. It is under the administrative control of the Ministry of Jal Shakti. It was previously known as Water and Power Consultancy Services (India) Limited. Gupta was at the helm of the firm for eight years from April 1, 2011, to March 31, 2019.
The central agency began its searches Tuesday after booking Gupta, his wife Reema Singal, son Gaurav Singal, and daughter-in-law Komal Singal, for allegedly amassing illicit wealth during Gupta's tenure in the firm. Following the FIR, the CBI teams fanned 19 locations in Delhi, Gurugram, Chandigarh, Sonipat, and Ghaziabad in a coordinated search operation leading to the detection of the staggering sum.
CBI arrests former CMD of WAPCOS, Rajinder Kumar Gupta and his son Gaurav Singal for alleged possession of disproportionate assets and recovered Rs 38.38 crore during a raid conducted at their multiple locations pic.twitter.com/LHVio90TTq
— ANI (@ANI) May 3, 2023
During its searches on Tuesday, the CBI seized Rs 20 crore in cash, which rose to more than Rs 38 crore by Wednesday, a CBI Spokesperson said. In addition to cash, a significant quantity of jewellery, valuable items, and property documents were also seized, the spokesperson said.
According to the official, the former bureaucrat and his family were also alleged to have set up a private consultancy business in Delhi after his retirement from service. The alleged immovable properties of the accused consist of flats, commercial properties, farmhouses spread across Delhi, Gurugram, Panchkula, Sonipat, and Chandigarh, he said.
(With inputs from PTI)
Zerodha's Nikhil Kamath, known for favouring renting, buys his 1st house; here's why
Meet Ratan Tata’s favourite chef, who began his career in a garage, now he is...
Rajinikanth to compensate producer's loss for Vettaiyan failure? Here's what we know
Meet woman behind the voice of Apple's iPhone 'Siri', never paid for it due to...
Who is IPS Anurag Gupta, acting Jharkhand DGP removed by EC ahead of Assembly polls?
Meet Vijaya Kishore Rahatkar, the newly appointed chairperson of NCW
Watch: Rishabh Pant's monstrous 107m six against Tim Southee leaves New Zealand players stunned
Mukesh Ambani's driver earns Rs 2400000, he is fully trained for...
Why do air hostesses wear high heels?
Mukesh Ambani brings iconic London brand to Indian market, opens its first outlet in...
Delhi pollution: Tips to protect your lungs as AQI levels rise
Donald Trump receives support from THESE WWE legends, trio mock Kamala Harris, watch viral video
'Kaunsa chahiye, bol?': Rohit Sharma's witty response to fan's query on changing IPL team goes viral
Karwa Chauth 2024: Trending mehendi designs idea to elevate your festive look
Jharkhand elections 2024: Hemant Soren's JMM, Congress to contest 70 of 81 seats
Meet man who runs India's largest bank worth Rs 1283000 crore, not from IIT, IIM, his salary is...
IND vs NZ: Rishabh Pant goes past MS Dhoni, becomes fastest Indian wicketkeeper to....
Karva Chauth festival set to generate Rs 7000 crore more revenue than last year, it will be...
Karwa Chauth 2024: 5 fasting tips for women with diabetes
Elon Musk vs Jeff Bezos: Which billionaire will lead the space race?
This actor who lived in chawl for 33 years, would have owned half of Andheri if...
Lawrence Bishnoi gang member arrested for ‘plotting to kill’ Salman Khan
‘We faced a…’: Ratan Tata on his parents' divorce, grandmother's support and breakup
Baba Siddique killed ‘because of’ Salman Khan? Salim Khan breaks his silence
Drone from Lebanon targets Israeli PM Benjamin Netanyahu's home days after Hamas chief's killing
When angry Sunny Deol allegedly tried to stab Hema Malini with KNIFE for marrying Dharmendra
'Not all that is hidden...': Son Zeeshan shares cryptic post after Baba Siddique's murder
Good news for Mukesh Ambani as Jio Financial earns huge profit of Rs….
Karwa Chauth Sargi Time 2024: Auspicious time, significance, history of festival
Elon Musk is offering up to Rs 5,000 per hour for THIS job, it is...
Spooky space! NASA reveals formation of human face on Mars
'Mind blowing': Sibling duo's cover of 'Tum jo aaye' leaves netizens spellbound, WATCH viral video
Delhi-NCR's air quality turns 'very poor', situation likely to worsen till...
This college offers placements worth Rs 6500000 to graduates, is listed among top...
Vistara's Delhi-London flight diverted to Frankfurt after bomb threat
Mohammad Rizwan set to replace Babar Azam as Pakistan's ODI and T20I captain
Viral video: Little girl's adorable dance to 'Aayi Nai' impresses internet, watch
Gujarat: Vadodara man performs CPR to save snake's life, netizens say, 'Barodians can do anything'
Mukesh Ambani's brand forces Tata Group company to reduce its product price, revenue hit by...
DNA TV Show: Mumbai Police receives threat message seeking Rs 5 crore from Salman Khan
Shraddha Kapoor breaks silence over credit battle for Stree 2's success: 'I believe it was...'
Who is IAS Sanjeev Hans, arrested by ED in money laundering case?
Gautam Adani donates Rs 1000000000 to THIS Indian state for...