NEW DELHI: Suspended Noida Chief Engineer Yadav Singh, facing a CBI probe for allegedly amassing ill-gotten wealth to the tune of Rs 10,000 crore, will be in judicial custody for three more days.
Singh was produced before the CBI court in Ghaziabad as his judicial remand was to expire, following which his custody was extended by three more days.
As a chief engineer with the Noida, Greater Noida and Yamuna Expressway authorities, Singh is alleged to have given contracts worth over Rs 10,000 crore to his cronies and facilitated the allotment of group housing and of commercial, industrial and institutional plots to many top ranking builders in Noida, Greater Noida and Yamuna Expressway.
CBI said investigation into 1,280 contract bonds amounting to Rs 959 crore signed during his tenure at Noida is still going on.
Further investigations has revealed that allotment of works was pre-decided, tender formalities were wilfully violated, and the estimates were highly inflated to cause undue gain to the contractors.
In August last year, the CBI raided 14 places linked to Singh, including one each at Agra and Ferozabad, and 12 places at Noida and Greater Noida. The searches led to the recovery of documents of 38 immovable properties/houses at Noida and Agra and other incriminating documents.
Following an order by the Allahabad High Court, the CBI had registered a case on July 30 last year against Singh and other unknown persons for alleged corrupt practices in the laying of underground cables worth Rs 92.02 crore.