CBI asks I-T dept to look into assets of Mulayam's son, wife

The agency has referred the details of these properties to Income Tax dept

Mulayam Singh
Press Trust of India New Delhi
Last Updated : Oct 09 2013 | 8:31 PM IST
After closing the disproportionate assets probe against Mulayam Singh Yadav, CBI has asked the Income Tax department to probe into alleged benami properties acquired by the Samajwadi Party leader's wife Sadhna in the name of her son Prateek.

CBI sources said at least four properties in Lucknow and believed to be in the tune of crores have been mentioned by the agency in its letter to the Income Tax department.

The agency while closing the disproportionate assets enquiry against Yadav, his sons Akhilesh and Prateek had mentioned that these benami properties acquired by Sadhna in the name of Prateek when he was a minor have not been found to have any links with the SP leader and his family members.

The sources said agency has referred these details of these properties to Income Tax as these properties may involve taxation issues which are in the domain of the I-T department.

They said after completion of inquiry against Yadav, acquisition of properties was noticed on part of Sadhna in the name of Prateek. This information has been forwarded to the department for necessary action.

CBI had closed the preliminary enquiry against Yadav and his family members on the account of "grossly insufficient evidence".

The agency has registered a preliminary enquiry in 2007 against Yadav, Akhilesh, Dimple Yadav and Prateek after the orders of Supreme Court on the plea of Vishwanath Chaturvedi.

The combined disproportionate assets of the Yadav family was found to be in the tune of Rs 2.63 crore. In December 2012, the Supreme Court directed that income, assets and expenditure pertaining to Dimple Yadav should be excluded from other family members as she was not a public official till 2005.

After the order, a fresh look was taken on the probe which showed that there was not enough evidence to pursue disproportionate assets case against Yadav, sources said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 09 2013 | 8:21 PM IST

Next Story