Case against IAS officer having Rs.93 crore property (Lead)
February 21st, 2010 - 4:41 pm ICT by IANSRaipur, Feb 21 (IANS) The Economic Offences Wing (EOW) here has registered a case against a senior Indian Administrative Services (IAS) officer after the Income Tax department said he owned properties worth Rs.93 crore.
The IT sleuths raided the residence and business establishments of IAS officer B.L. Agrawal Feb 4. He was suspended by the Chhattisgarh government Feb 10 and the matter was referred to EOW.
An official here said EOW registered a case under various sections of the Prevention of Corruption Act Saturday, after the Bhopal circle of the IT department raided Agrawal’s house and business establishments and informed in a preliminary report to the state government that the 1988 batch IAS officer owned moveable and immovable properties worth Rs.93 crore.
The IT report said Agrawal invested nearly Rs.60 crore in a steel plant in the name of his close relatives.
The report added that IT officials found Rs.68 lakh in cash at his residence and jewellery worth Rs.70 lakh and papers of Rs.8 crore investment in insurance and mutual funds were recovered from various bank lockers.
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Tags: agrawal, business establishments, chhattisgarh government, close relatives, crore investment, economic offences, immovable properties, income tax department, indian administrative services, insurance, lakh, mutual funds, preliminary report, prevention of corruption act, rs 8, state government, steel plant