The Central Bureau of Investigation (Anti-Corruption Branch) has arrested two Indian Revenue Service (IRS) officers in two different cases for amassing assets disproportionate to their known sources of income.
The CBI, in a statement, said that Deputy Commissioner of Income Tax, Mumbai Dhananjay Kumar, was charged with amassing disproportionate assets to the tune of Rs 25.12 lakh.
The CBI said that Kumar, during December 29, 2000 to June 14, 2007, acquired immovable and movable assets worth Rs 38.15 lakh in his name and in the name of his family members. Kumar was arrested along with one Avinash Kumar.
The CBI said Kumar had deposited about Rs 43 lakh in the bank account of his sister Punam Sinha, CBI added that Kumar also kept a huge amount of money in Avinash’s account and that there were several irregularities in these accounts.
Kumar invested the money in various properties through the accounts of his sister and his father Ranbir Kumar Sinha. Both Kumar and Avinash were arrested on August 28 and have been remanded to police custody till September 3.
In a separate case, CBI (ACB) arrested Hemant Kothikar, an IRS officer of 1993 batch, for possessing disproportionate assets.
Kothikar was posted as Joint Commissioner of Customs, JNPT, during September 6, 1993 and July 24, 2004.
During this period, he allegedly amassed assets to the tune of Rs 3.66 crore in his name and in the name of his wife Devyani Kothikar and relatives, which are disproportionate to his known sources of income.
Investigation revealed the money was shown as generated from an export firm that Kothikar’s wife Devyani owned.
Devyani who was shown as the proprietor of DK Trades with an office in Nashik, had shown an exaggerated income of Rs 44,867 from export.
It is suspected that the alleged exports of DK Trades were not genuine.