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Contractor arrested in connection with Rs 42-crore excise scam in Madhya Pradesh

Press Trust of India  |  Indore 

The anti-corruption squad arrested a allegedly involved in a Rs 42-crore scam in the Madhya Pradesh Excise Department, police said.

of Police (ASP) told reporters here that on a tip-off, (49) was arrested from Uttar Pradesh's capital

The was carrying a reward of Rs 20,000 on information leading to his arrest.

Singh said that Shrivastava had secured the contract of a liquor shop in Indore's MG Road area in lieu of Rs 7.30 crore during financial year 2016-17. But he did not deposit this amount.

He said, "The deposited to the excise department against the payment of this amount, which led to loss to the state exchequer."

The said that the police have been investigating 16 liquor contracts given by the Excise Department.

So far, 12 people, including Shrivastava, have been arrested and some of the accused are still on the run.

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

First Published: Sat, February 09 2019. 00:45 IST