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Lokayukta raid on five govt officials yields Rs 15 crore illegal assets

Last Updated 30 May 2014, 13:29 IST

The Lokayukta police on Thursday carried out simultaneous raids on the premises of five government officials and unearthed illegal assets worth over Rs 15 crore.

Those raided were Hari Kumar Jha, Indian Forest Service officer working as Additional Principal Chief Conservator of Forests (PCCF) and Mysore Sales International Limited Managing Director, Bangalore, B L Ravindra Babu, Supertintending Engineer, PWD (Irrigation), Bangalore, S Padmanabhan, Director (Finance), KSRTC, Bangalore; R Bhaskar, Assistant Secretary, KIADB, Bangalore and Srinivas Murthy, Deputy Commissioner (Excise), Chikkaballapur.

Additional Director General of Police (Lokayukta) H N Satyanarayana Rao said criminal cases under Prevention of Corruption Act, 1988, were registered against them.

During the raid on the premises of Jha in Bangalore, the Lokayukta police found immovable assets worth Rs 2.17 crore which includes 4.26 acres of land in Madhubani in Bihar. Movable assets worth Rs 48.42 lakh which incudes three cars, two-wheeler, cash, and gold ornaments. The disproportionate assets (DA) is 99.67 per cent.

Ravindra Babu was found owning immovable assets worth Rs 8.23 crore and around Rs 2.48 crore of movable assets. The DA has been calculated upto 324.9 per cent.

Immovable properties worth Rs 2.96 crore were found during the raid on Padmanabhan, besides movable properties worth Rs 19.5 lakh. The DA was calculated upto 107.19 per cent.

The Lokayukta police raided R Bhaskar, Assistant Secretary, KIADB, Bangalore and unearthed immovable property worth Rs 1.18 crore and movable property worth Rs 16 lakh. The DA per cent is calculated upto 127.21 per cent.

Srinivas Murthy, Deputy Commissioner, Excise Department was raided illegal immovable assets worth Rs 1.51 crore and movable assets worth Rs 66 lakh was found. "Several bank accounts and lockers belonging to the accused are yet to be scrutinised," said  H N Satyanarayana Rao.

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(Published 30 May 2014, 13:29 IST)

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