Raipur, Feb 21 (IANS) The Economic Offences Wing (EOW) here has registered a case against a senior Indian Administrative Services (IAS) officer after the Income Tax department said he owned properties worth Rs.930 million (Rs.93 crore).
The IT sleuths raided the residence and business establishments of IAS officer B.L. Agrawal Feb 4. He was suspended by the Chhattisgarh government Feb 10 and the matter was referred to EOW.
An official here said EOW registered a case under various sections of the Prevention of Corruption Act Saturday, after the Bhopal circle of the IT department raided Agrawal's house and business establishments and informed in a preliminary report to the state government that the 1988 batch IAS officer owned moveable and immovable properties worth Rs.930 million.
The IT report said Agrawal invested nearly Rs.600 million in a steel plant in the name of his close relatives.
The report added that IT officials found Rs.68 lakh in cash at his residence and jewellery worth Rs.70 lakh and papers of Rs.80 million investment in insurance and mutual funds were recovered from various bank lockers.