Vigilance sleuths detect govt officer's property worth over Rs

Image
Press Trust of India Bhubaneswar
Last Updated : Sep 01 2015 | 8:48 PM IST
Vigilance sleuths today detected properties worth Rs 99.40 lakh in the name of Ramesh Chandra Swain, a Deputy Superintendent in the office of the managing director of Odisha State Warehousing Corporation, Bhubaneswar.
On the allegation of acquisition and possession of disproportionate assets by Swain, vigilance sleuths searched his two two-storied house at Laxmisagar Uppersahi and his four-storied building in the same locality here.
His office was also simultaneously searched, a vigilance spokesman said.
During search, the movable and immovable assets are detected in possession of Swain in his name and in the name of his family members.
They included two two-storied buildings, one four storied building, six plots at Laxmisagar area in the capital city, one motorcycle, and deposits in banks, LIC, SBI Life Insurance, Bajaj Allinz, ICICI Prudential Policy to tune of Rs 3,15,156.
"The total asset of Ramesh Chandra Swain has been calculated to Rs 99,40,012 so far," a senior officer engaged in the search operation said.
The vigilance officials said one four-storied building worth of Rs 85 lakh was found in the name of his son-in-law. This building is suspected to have been financed by Swain.
Swain joined government service as a junior assistant in the Odisha State Warehouse Corporation, Bhubaneswar on January 21, 1985. He was promoted to the rank of Deputy Superintendent in the year 1997 and was posted at Berhampur. He is continuing as Deputy Superintendent in the office of M.D, Odisha State Ware house Corporation, Bhubaneswar since 1998.
*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: Sep 01 2015 | 8:48 PM IST

Next Story