CBI today filed a charge sheet against former Nalco Chairman-cum-Managing Director A K Srivastava for amassing assets worth Rs 2 crore which were more than his known sources of income.
The agency in its charge sheet before CBI judge Talwant Singh alleged Srivastava has amassed 'such' movable and immovable assets.
CBI sources said Srivastava could not explain from which income sources he got these properties.
Srivatava, his wife Chandani, middlemen B L Bajaj and Anita Bajaj were arrested on February 25 after CBI recovered about 10 kg of gold bricks and jewellery of around Rs 2.13 crore besides Rs 30 lakh in cash from their possession.
The agency has earlier filed two charge sheets against them on graft charges.
The CBI said Srivastava and Bajaj had decided to deposit the gold through their wives in either of the lockers maintained at Shahjahan Road branch of Bank of Maharashtra and Mayur Vihar Phase-1 branch of Bank of India.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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