CBI inquiry into Mulayam's assets may be headed for closure

The CBI probe into the alleged acquisition of disproportionate assets by Samajwadi Party Chief Mulayam Singh and his son Akhilesh Yadav, Uttar Pradesh Chief Minister, may be headed for a closure with investigators said to have not been able to gather enough evidence.
Agency sources said a preliminary report has been completed which found that increase in the assets of Mulayam Singh and Akhilesh was primarily because of loans from relatives which were later claimed to be gifts.
They said besides the agency could not find any unexplained increase in the assets of the father-son duo.
The sources added that during the period of 1993-2005, investments by Mulayam Singh and Akhilesh grew manifold which make it difficult to ascertain the exact quantum of alleged disproportionate assets.

CBI sources said inquiry has been completed by the investigators who have given their findings to the senior officials to take a view whether to close the case or convert it into a regular case and probe it further.
CBI Director Ranjit Sinha who was away from the Headquarters last week is back in the Capital and is expected to take a decision on the issue.
The sources said that an inquiry could not be said to have been completed unless a final view is taken by the top brass of the agency.
In many cases, they said, decisions of the investigating teams have been overturned as senior officials had spotted angles which could be probed further.