Disproportionate assets: ED arrests retired IAS officer in PMLA case
The ED initiated an investigation based on an FIR registered by Vigilance Establishment Dehradun against Yadav under the Prevention of Corruption Act, for possessing assets disproportionate to known sources of income.
- Country:
- India
The Enforcement Directorate (ED) has arrested a retired IAS officer Ram Bilas Yadav, the then Additional Secretary to the Uttarakhand Government, in connection with the ongoing investigation under the Prevention of Money Laundering Act, an official said on Saturday. The ED initiated an investigation based on an FIR registered by the Vigilance Department of Dehradun against Yadav under the Prevention of Corruption Act, for possessing assets disproportionate to known sources of income.
"During the period between January 1, 2013, and December 31, 2016, Yadav earned Rs 78,51,777 through his known sources of income whereas his expenses were around Rs 21.40 crore. Therefore, he has been accused of amassing disproportionate assets (DA) to the tune of Rs 20.61 crore which is 26 per cent more than his known sources of legal income," the agency official said. The ED said that the accused had purchased many lands, a flat, constructed house in Lucknow, a school, and a trust in his name and family members by utilising the fund earned through illegal means and misusing his own position as a government servant in UP and Uttarakhand.
Yadav served in the Uttar Pradesh government four years ago before returning to Uttarakhand in 2019. Further investigation into the matter is underway. (ANI)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Uttar
- Dehradun
- The Enforcement Directorate
- Rs 21.40
- Uttarakhand
- Rs 20.61
- Lucknow
- Yadav
- PMLA
- Ram Bilas
ALSO READ
"We will win all five seats with good margin": Uttarakhand Chief Minister Dhami
More than 55% voter turnout recorded in five Lok Sabha seats in Uttarakhand during the first phase of elections
Uttarakhand's Manaskhand Corridor Yatra to begin from April 22
Lucknow, Apr 21 (PTI) Reacting on the controversy over Delhi Chief Minister Arvind Kejriwal's health in Tihar jail, Samajwadi party president Akhilesh Yadav on Sunday said high level cognisance should be taken of the news that he is being denied insulin.
Former Uttarakhand minister Harak Singh Rawat's daughter-in-law Anukriti Gusain joins BJP