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HomeIndiaCBI unearths web of assets, seizes Rs 2.6 cr in cash as...

CBI unearths web of assets, seizes Rs 2.6 cr in cash as it widens net in Assam NHIDCL bribery case

CBI had registered a case against NHIDCL executive director and two representatives of a private company on the basis of source-based information.

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New Delhi: The Central Bureau of Investigation (CBI) says it has seized Rs 2.62 crore in cash, besides property-related papers, during searches conducted Friday at the offices of the National Highways & Infrastructure Development Corporation Ltd (NHIDCL) and residential premises of its executive director Maisnam Riten Kumar Singh.

The NHIDCL is a PSU under the Ministry of Road Transport and Highways.

According to the CBI, it also seized during searches in Guwahati, Ghaziabad and Imphal documents pertaining to investments made in Singh’s name and those made in the names of his family members. These included nine apartment units, an office space and three residential plots in Delhi-NCR, besides an apartment and residential plot in Bengaluru.

Documents pertaining to four apartments and two residential plots in Guwahati were also seized, besides those relating to two homestead plots and an agricultural land parcel in Imphal West. Further, the CBI seized six high-end vehicles, two luxury watches and 100 grams in silver bars during the searches.

“Most of the properties purchased in the name of the accused public servant and his family members seem to be undervalued, which are under verification,” it said in a statement.

The CBI had registered a case against Singh and two representatives of a private company on the basis of source-based information. According to the agency, it laid a trap and caught Singh accepting a bribe of Rs 10 lakh in exchange for issuance of favourable extension of time (EOT) and completion certificate for work done by the private company.

This was in connection to a contract for four-laning of a patch on the NH-37, between Demow and end of Moran bypass, besides other projects in Assam.

Both the accused were produced before the CBI court in Guwahati and have been remanded to three days in police custody.

(Edited by Amrtansh Arora)


Also Read: Govt panel puts Silkyara tunnel collapse onus on NHIDCL, contractor in damning report. ‘Profound negligence’


 

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