CBI FILES A CHARGE SHEET AGAINST A MINISTER OF DELHI GOVERNMENT (GNCTD) AND OTHERS IN A DISPROPORTIONATE ASSETS CASE

Press Release
New Delhi, 03.12.2018

The Central Bureau of Investigation has today filed a charge sheet against a Minister of Delhi Government (GNCTD); his wife and his four business associates U/s 109 of IPC r/w. 13(2), r/w 13(1)(e) of Prevention of Corruption Act, 1988 in the Court of Special Judge, CBI Cases, Patiala House Courts, New Delhi in an alleged disproportionate assets case.

CBI had registered a case on 24.08.2017 against the Minister of Delhi Government and others to investigate the allegations of acquisition of assets disproportionate to his known sources of income during the check period 14.02.2015 to 31.05.2017. His wife and associates had allegedly abetted the commission of said offence. Searches were also conducted at the premises of accused which led to recovery of certain incriminating documents.

Investigation has revealed that the said Minister and his family members allegedly controlled or have stake/share holding in the four companies based at Delhi. He was Director in three companies and resigned from the directorship of these three companies before the election in 2013. His family members however continued to hold shares to all these four companies. Investigation further revealed that the three companies had allegedly received Rs.1,53,61,167/- as accommodation entries from Kolkata based shell companies during check period 14.02.2015 to 31.05.2017. It was alleged that the accused was assisted in routing money through shell companies by two other persons. The Minister & another accused allegedly sent money to one of said two persons who in turn provided accommodation entries in the form of share application money in the said four companies from Kolkata based shell companies during the period 2010-2016. It was further alleged that the shares of the Minister with respect to the said Delhi based companies got transferred in his wife's name on 10.02.2015 and even after his resignation from Director ship of the companies, he exercised effective control through his wife.

The disproportionate assets against accused has been worked out to Rs.1,47,60,497/-(approx).

The public is reminded that the above findings are based on the investigation done by CBI and evidence collected by it. Under the Indian Law, the accused are presumed to be innocent till their guilt is finally established after a fair trial.

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