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CBI conducts multi-city raids over alleged misappropriation of development funds in Manipur

Press Trust of India  |  New Delhi 

The CBI is carrying out searches at nine locations in three states on Friday in connection with an alleged misappropriation of development funds of Rs 332 crore in Manipur, officials said.

The searches are underway in Aizawl, Imphal and Gurgaon, the officials said.

It is alleged that O Ibobi Singh, the then chairman of the Manipur Development Society (MDS), had conspired with others during his tenure from June 2009-July 2017 and misappropriated government funds worth approximately Rs 332 crore out of Rs 518 crore that was entrusted to them for the purpose of executing development work, according to the officials.

The CBI has registered the case on the request of the Manipur government, which was routed through the Centre.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, November 22 2019. 12:50 IST
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