Vigilance raids engineer, unearths assets worth crores

Image
Press Trust of India Patna
Last Updated : Dec 03 2014 | 10:58 PM IST
The Vigilance Investigation Bureau (VIB) raided the residence of an Executive Engineer (EE) of Patna Municipal Corporation (PMC) and unearthed disproportionate assets (DA) worth over Rs 2.05 crore from him today.
Vigilance Additional Director General (ADG) Ravinder Kumar said the operation on the EE Lalan Prasad Singh was based on intelligence inputs and was started last night. The investigations are still going on and more illegal assets are expected to be recovered.
"The vigilance teams fanned out and searched his palatial residence near Patliputra railway station in the state
capital, another flat located at posh Boring Road in the city, and his native house at Hatiyawa village in Sheikhpura district," Kumar said.
Apart from the houses, the VIB sleuths seized several bank accounts, ATM cards, insurance policies, investments in shares, three vehicles, 200 grams of gold, 6 kg silver utensils and coins, as well as, other valuables.
Documents related to two plots of 1.5 acre each in Sheikhpura and Nalanda districts and owned by Singh's wife have also been seized.
"The income of the engineer from salary during his service tenure and other known sources of income has been around Rs 51 lakh, but our sleuths recovered assets worth Rs 2.56 crore belonging to him and his family members. Further investigations are going on," Kumar said.
An FIR under Section 13(1)(e) of the Prevention of Corruption Act, 1988 has been registered against the engineer.
*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: Dec 03 2014 | 10:58 PM IST

Next Story