Lokayukta raids on five officials unearth assets worth Rs. 15 crore

Managing Director of MSIL among those raided

Updated - November 16, 2021 07:18 pm IST

Published - May 30, 2014 05:04 am IST - BANGALORE:

The Lokayukta police on Thursday carried out simultaneous raids on five officials, including a senior Indian Forest Service officer, and unearthed assets worth Rs. 15 crore that were disproportionate to their known sources of income.

Additional Principal Chief Conservator of Forests and Managing Director of Mysore Sales International Ltd. Hari Kumar Jha, a 1987-batch officer, was found to have assets worth Rs. 1.74 crore disproportionate to his known sources of income. He owned a commercial complex being constructed at HSR Layout, a house in RMV III Stage and a site in Karishma Hills in Bangalore as well as 4.26 acres in Madhubani, Bihar.

However, the biggest catch was Public Works Department Superintendent Engineer B.L. Ravindra Babu, who joined service in 1984. He was found to be in possession of assets worth Rs. 9.04 crore more than his known sources of income.

He was found to be in possession of a residential house and a building being constructed at Jayanagar 1st Block, a commercial complex and a site in Jayanagar 4th T Block, a CA site in J.P. Nagar II Phase and 3 acres in Kaggalahalli, totally worth Rs. 8.23 crore. In addition, he also owns a fleet of four cars, 1.25 kg of gold and 2.75 kg of silver and cash.

KSRTC official

KSRTC Director (Finance) S. Padmanabhan was found to be in possession of assets worth Rs. 2.35 crore more than his known sources of income.

His assets include immovable property worth Rs. 2.96 crore and movable properties worth Rs. 19.5 lakh, including jewellery and vehicles. Three bank lockers were yet to be verified, a release said. KIADB Assistant Secretary R. Bhaskar was found to be in possession of assets worth Rs. 89.05 lakh more than his known sources of income. They include immovable assets worth Rs. 1.18 crore and movable assets worth Rs. 16.05 lakh.

Deputy Commissioner (Excise) Srinivasmurthy was found to be in possession of assets worth Rs. 1.65 crore more than his known sources of income. He owns immovable properties worth Rs. 1.51 crore and movable properties worth Rs. 66.71 lakh.

Further investigations were going on and bank accounts and lockers were being scrutinised, said Lokayukta Additional Director-General of Police H.N. Sathyanarayan Rao

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.