CBI grills ex-FACT director in gyspsum graft row

 The CBI on Thursday interrogated former FACT managing director Jaiveer Srivastava in a case related to the corruption in the sale of gypsum to private companies. 

Published: 19th May 2017 03:13 AM  |   Last Updated: 19th May 2017 03:13 AM   |  A+A-

By Express News Service

KOCHI: The CBI on Thursday interrogated former FACT managing director Jaiveer Srivastava in a case related to the corruption in the sale of gypsum to private companies. 

According to a CBI officer, Srivastava reached the CBI office in Kochi around 10.30 am. “The interrogation which started at 11 am continued till 6 pm. We had earlier taken the statements of all other accused except Jaiveer Srivastava. As he is the first accused, his statement is very crucial in the probe. For most of the questions, Srivastava replied he was unaware about the graft in the sale of gypsum from FACT,” the CBI officer said.

“With the questioning of Srivastava, half the investigation is now over. We have to cross-check the evidence recovered and the statements of the accused. If required, all the accused will be summoned again for verification. At present, we have no plan to arrest anyone in this case,” he said.

The CBI had in October 2016 registered a case against eight persons over the sale of gypsum from FACT. According to the case, when gypsum was valued at Rs 296 per tonne in 2015, the FACT authorities entered into an agreement with NSS Trade India Ltd to sell the material for Rs 130 per tonne for three years from 2016. The CBI has already registered a DA case against the chief general manager of FACT, also an accused in the case.

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