Former agriculture director DN Sharma, who is currently under the scanner of the lokayukta for allegedly amassing wealth disproportionate to his known sources of income, perhaps wanted to become a big entrepreneur and was investing hugely in different projects right from media to real estate.
The documents seized by sleuths of the special police establishment (SPE) of lokayukta from Sharma’s two houses – the official and the private one – suggest that he had invested huge amounts of money in five companies, including a regional media channel, a travel and tours company and two real estate firms, in the name of his two sons Gaurav and Gagan. His both sons are directors in all his five private limited companies, lokayukta officials said.
SPE sleuths suspect that Sharma invested over `100 crore, earned through “malpractice”, in these companies.
Talking to HT, superintendent of police of SPE of lokayukta Virendra Singh said the details of all his 20 bank accounts had been sought from respective banks, which were expected to be obtained within two to three days. “The actual amount deposited in his banks and transaction of money through his accounts will be established once we get details of his bank accounts,” Singh said.
He further said the documents related to his investment in the five private limited companies were being scrutinized. “The actual amount of investment made by him in five companies would come to light only after the papers seized during the raid are scanned,” he said.
Sources said the documents seized from Sharma’s house revealed that the five private firms were registered in the name of Sharma’s two sons between 2009 and 2013, the time when Sharma was director of the state agriculture department.
Sharma, who is currently posted as director of the State Institute of Agriculture Extension and Training (SIAET), was removed from the post of agriculture director in 2014 after legislator Hemant Khandewal lodged a complaint with chief minister Shivraj Singh Chouhan that Sharma had been demanding Rs 20 lakh for granting permission to set up a sugar factory. He is also facing three lokayukta probes in different cases of corruption related to the agriculture department.
Meanwhile, SPE sleuths also carried out searches at Sharma’s house in Ayodhya Nagar and seized properties worth `5.26 lakh, including 22 computers and furniture.
SP Virendra Singh also wrote a letter to agriculture department officials, informing them of the raid and unearthing of disproportionate assets worth crores of rupees from Sharma’s premises.
Following a complaint against Sharma of having properties disproportionate to his known sources, the SPE of Lokayukta on Tuesday raided his two houses and unearthed illegal properties worth over Rs 5 crore.
SPE sleuths seized Rs 5 lakh cash, ICICI bank and Central Bank lockers, 20 bank accounts, four luxury four-wheelers, two bikes, ornaments worth Rs 20 lakh, documents related to investment in five private limited firms and over 15 life insurance policies.
Some documents revealed that he purchased 26 acre of agriculture land at village Sonari in 2014 in his daughter-in-law Kanika Sharma’s name, bought three-acre land in various parts of Bhopal, three houses including a duplex in Ayodhya Nagar, a duplex at Emerald Park City near AIIMS and an HIG House at Katara Hills. He also owns 10,000sq feet plot at Ayodhya Nagar Bypass, SPE sources said.