Don’t miss the latest developments in business and finance.

Graft case: CBI files charge sheet against NALCO ex-CMD

Ex-CMD Srivatava, his wife Chandani, middlemen B L Bajaj and Anita Bajaj were arrested on February 25

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 6:57 AM IST

CBI today filed a charge sheet against former Nalco Chairman-cum-Managing Director A K Srivastava for amassing assets worth Rs 2 crore which were more than his known sources of income.

The agency in its charge sheet before CBI judge Talwant Singh alleged Srivastava has amassed 'such' movable and immovable assets.

CBI sources said Srivastava could not explain from which income sources he got these properties.

Srivatava, his wife Chandani, middlemen B L Bajaj and Anita Bajaj were arrested on February 25 after CBI recovered about 10 kg of gold bricks and jewellery of around Rs 2.13 crore besides Rs 30 lakh in cash from their possession.

The agency has earlier filed two charge sheets against them on graft charges.

The CBI said Srivastava and Bajaj had decided to deposit the gold through their wives in either of the lockers maintained at Shahjahan Road branch of Bank of Maharashtra and Mayur Vihar Phase-1 branch of Bank of India.

Also Read

First Published: Dec 29 2012 | 5:28 PM IST

Next Story