Cash of Rs. 1.57 crore (approx.), Postal saving instruments/Bank FDs of Rs. 3.33 crore (approx.); Bank balance of Rs. 1.51 crore (approx.); Mutual Fund of Rs. 47.75 lakh (approx.); gold bars, gold biscuits/coins & gold jewellery of 17 kg (value of approximately Rs. 9.5 crore) and documents related to immovable properties were found : CBI

New Delhi, January 19

The Central Bureau of Investigation (CBI) conducted searches and locker operation in an on-going DA investigation of the Principal Chief Operation Manager (IRTS), East Coast Railway, Bhubaneswar.

The CBI stated that cash amount of Rs. 1.57 crore (approx.), Postal saving instruments/Bank FDs of Rs. 3.33 crore (approx.); Bank balance of Rs. 1.51 crore (approx.); Mutual Fund of Rs. 47.75 lakh (approx.); gold bars, gold biscuits/coins & gold jewellery of 17 kg (value of approximately Rs. 9.5 crore) and documents related to immovable properties were found from the bank locker and premises of the accused and others including family members.

The CBI had registered a case on January 3 against then Principal Chief Operation Manager (IRTS officer), East Coast Railway, Bhubaneswar on the allegations of possessing disproportionate assets worth Rs. 1.92 crore (approx.) during the check period 2005 to 2020 in his name and his family members.

The CBI informed that searches were conducted at various places including Bhubaneswar, Jagatsinghpur (both in Odisha) and Kolkata. During searches, three locker keys of lockers in the name of the wife of the accused and other five locker keys of lockers whose names of owners were not readily available. 

The officials added that after several efforts, name of the owners of the lockers as well as the locker numbers and bank branches were found out. The seven lockers have been operated till now and the remaining locker is being operated, officials added.