STOCK MARKET BSE NSE

Cash, gold tumble out of officials’ closets

The Anti-Corruption Bureau (ACB) has unearthed crores of disproportionate assets, including several kilograms of gold and silver, allegedly possessed by four officials.

Published: 08th May 2018 05:57 AM  |   Last Updated: 08th May 2018 05:57 AM   |  A+A-

By Express News Service

BENGALURU: The Anti-Corruption Bureau (ACB) has unearthed crores of disproportionate assets, including several kilograms of gold and silver, allegedly possessed by four officials.

According to a release issued by the ACB on Monday, Executive Engineer S Adappa, Karnataka Neeravari Nigam Limited (KNNL), Solur, Canal Division, Ballari, residing at the house owned by him at Siddartha Colony of Gandhinagar in Ballari, owned seven sites at various places of Ballari, Hosapete and Davanagere apart from one acre of land in Ballari. He was also found in possession of 1.6 kg gold, 14.68 kg silver, a Honda Jazz car, two bikes, cash of Rs 5.71 lakh, Rs 5 lakh in bank accounts and deposit of Rs 3.5 lakh. About Rs 25.95 lakh worth household items were also found during the search.

Rajashekar Suresh Gajakosh, Manager of Depo of NEKRTC at Indi Bus Stop in Vijayapura, owned a residence at Vijayapura, four plots and 4.37 acres of agriculture land at Batakurki village of Indi taluk. In addition, the ACB also found 262 gms gold, a Maruthi Vittara Breeza car, two bikes and Rs 1.57 lakh cash and deposit of Rs 13.73 lakh in various bank accounts and Rs 7.5 lakh worth household items during raid.

Assistant Engineer N Ravikumar, Panchayat Raj Engineering Department, Gundlupet, owned one house each in Kenchenahalli of Kengeri Hobli in Bengaluru and Ramakrishna Nagar in Mysuru. Not only this, he has a commercial complex, two sites and 8.13 acres farm land at Nanajangud in Mysuru district. This apart, 658 gm gold, 8.16 kg silver, a Duster car, three two-wheelers, Rs 8.61 lakh cash, Rs 40 lakh in various bank accounts, deposits and policies worth Rs 45 lakh and Rs 14.20 lakh worth household items were found.

HY Ashwatappa, a second division assistant attached to sub-registrar office in Kolar taluk, owned 16.37 acres of land and one house each at Kolar town and Bangarpet taluk. In addition to this, he was found with 166 gm gold, 380 gm silver, a two-wheeler and Rs 49,000 cash and Rs 1.87 lakh in various bank accounts. Rs 3.86 lakh worth household items were found.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp