The vigilance sleuths today launched simultaneous raids at different locations associated with Pramod Kumar Samal, Headmaster of Kudamusa Primary School in Sundargarh district, an official release said.
"The total assets of Samal detected so far have been calculated as Rs 1,00,20,214," the release said, adding the amount may increase as one bank locker in a cooperative bank has not yet been opened.
The raids were conducted following allegations on Samal of acquisition and possession of assets disproportionate to his known sources of income.
The properties detected in possession of the headmaster and his family members included the double-storied house (Rs 48,64,448), one single-storey building (Rs 7 lakh), two plots located in Mouza Sundarpada, Bhubaneswar (Rs 3,00,000), investment in insurance companies (Rs 10 lakh), deposit in different banks (Rs 13,53,000).
Other items included house hold articles such as electrical gadgets (Rs 3,18,000), cash (Rs 1.22 lakh), deposits in post office (Rs 4,46,281), an MUV (Rs 8,78,305) and a two-wheeler (Rs 36,750), the release said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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
