Case against IAS officer having Rs 930 mn-worth property | india | Hindustan Times
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Case against IAS officer having Rs 930 mn-worth property

india Updated: Feb 21, 2010 13:37 IST

The Economic Offences Wing (EOW) in Raipur has registered a case against a senior Indian Administrative Services (IAS) officer after the Income Tax department said he owned properties worth Rs 930 million (Rs 93 crore).

The IT sleuths raided the residence and business establishments of IAS officer BL Agrawal on February 4. He was suspended by the Chhattisgarh government on February 10 and the matter was referred to EOW.

An official in Raipur said EOW registered a case under various sections of the Prevention of Corruption Act on Saturday, after the Bhopal circle of the IT department raided Agrawal's house and business establishments and informed in a preliminary report to the state government that the 1988 batch IAS officer owned moveable and immovable properties worth Rs 930 million.

The IT report said Agrawal invested nearly Rs 600 million in a steel plant in the name of his close relatives.

The report added that IT officials found Rs 68 lakh in cash at his residence and jewellery worth Rs 70 lakh and papers of Rs 80 million investment in insurance and mutual funds were recovered from various bank lockers.