Thursday, June 7, 2012

CBI books BSNL official-The Hindu 07 06 12-

CBI books BSNL official

 
 
A disproportionate assets case has been registered by the Central Bureau of Investigation against the General Manager of BSNL, Rajahmundry, G. Raghavendra Rao.
The CBI, Visakhapatnam branch, registered the case against the accused on May 30 on the allegation that Mr. Raghavendra Rao acquired assets in his name and in the names of his family members, which disproportionate to his known sources of income.
The CBI conducted searches at the office and residence of Mr. Raghavendra Rao at Rajahmundry and also at his house in Hyderabad. Searches were also conducted at the residential houses of his close relatives in Vijayawada and Hyderabad.
During the searches, CBI unearthed both movable and immovable assets worth more than Rs.2 crore. The immovable assets include a luxury flat at Kukatpally in Hyderabad worth around Rs.1 crore and over 23 acres of land in Krishna and RR Districts. The lands and flat were purchased by declaring lesser value than the actual amount paid for the same.
The movable assets include LIC policies, shares, expensive household articles, and gold and diamond jewellery. Several incriminating documents relating to the properties of Mr. Raghavendra Rao were also seized from a bank locker maintained in the name his wife in Hyderabad. The case is under investigation.

No comments:

Post a Comment