Left Menu
Development News Edition

Odisha suspends IFS officer after arrest in disproportionate asset case

The Odisha government on Friday placed a senior Indian Forest Service (IFS) officer under suspension hours after he was sent to jail following his arrest by the anti-corruption vigilance in a disproportionate asset case, official sources said.

PTI | Bhubaneswar | Updated: 28-11-2020 01:21 IST | Created: 28-11-2020 01:21 IST
Odisha suspends IFS officer after arrest in disproportionate asset case

The Odisha government on Friday placed a senior Indian Forest Service (IFS) officer under suspension hours after he was sent to jail following his arrest by the anti-corruption vigilance in a disproportionate asset case, official sources said. Abhay Kant Pathak, Additional Principal Chief Conservator of Forests, Plan, Program & Afforestation, was arrested along with his son Akash Kumar Pathak in connection with the case. The court of the Special Judge, Vigilance, Bhubaneswar remanded them to judicial custody till December 9.

The 1987 batch IFS officer was found in possession of disproportionate assets to the tune of Rs 9.35 crore beyond his known sources of income. This amount was about 435 per cent of the total income from all his known sources, an official statement said. Since huge cash deposits have been made in private banks through deposit slips and ATM counters and high value transactions have been made in the accounts by the father-son duo, details of operations of the banks concerned in this regard are being probed, it said.

Details of their income tax returns, investments in shares, mutual funds and other market instruments are also being ascertained. Before arresting the officer and his son, vigilance sleuths had made simultaneous searches at five places in Bhubaneswar, seven places in Mumbai and Pune and one place in Bihar on November 25 and 26.

During the search, they found Rs 60 lakh in cash, gold ornaments weighing 800 gm and documents relating to purchase of gold jewellery worth Rs 23 lakh, the statement said. Expensive cars and motorbikes have been found registered in the name of his son, it said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


TRENDING

OPINION / BLOG / INTERVIEW

China: A savior for emerging markets or a poison pill?

... ...

Future of Urban Planning: Artificial Intelligence guiding the way

Advances in emerging technologies like Artificial Intelligence and Machine Learning can help us understand our cities better and derive useful insights from real-time data collected through automated models....

Videos

Latest News

We need to be on top of our game to beat India in India, says Root

Captain Joe Root on Monday said England will have to be on top of their game to beat India in their own backyard even though a 2-0 sweep of Sri Lanka gives their quest a fillip heading into the big-ticket four-match Test series.Ahead of the...

Tech industry group urges Biden admin to review export controls on China

A tech industry group on Monday called for a review of the Trump administrations export control policy, and urged the incoming U.S. Commerce Secretary to work with allies when curbing sales of U.S. technology to China for national security....

Sebi fines Rs 14.1 crore on KSS, 2 individuals for GDR manipulation

Sebi on Monday imposed a total fine of Rs 14.1 crore on KSS Ltd and two individuals for indulging in fraudulent schemes for the subscription of GDR issuance by KSS.The regulator levied a fine of Rs 12.1 crore on K Sera Sera Ltd now known as...

EU to hold off on new Russia sanctions if Navalny released

The European Union will hold off from imposing fresh sanctions on Russian individuals if the Kremlin releases pro-democracy campaigner Alexei Navalny, EU foreign ministers said on Monday, sending the blocs top diplomat to Moscow next week. ...

Give Feedback