The vigilance sleuths today launched simultaneous raids at different locations associated with Pramod Kumar Samal, Headmaster of Kudamusa Primary School in Sundargarh district, an official release said.
"The total assets of Samal detected so far have been calculated as Rs 1,00,20,214," the release said, adding the amount may increase as one bank locker in a cooperative bank has not yet been opened.
The raids were conducted following allegations on Samal of acquisition and possession of assets disproportionate to his known sources of income.
The properties detected in possession of the headmaster and his family members included the double-storied house (Rs 48,64,448), one single-storey building (Rs 7 lakh), two plots located in Mouza Sundarpada, Bhubaneswar (Rs 3,00,000), investment in insurance companies (Rs 10 lakh), deposit in different banks (Rs 13,53,000).
Other items included house hold articles such as electrical gadgets (Rs 3,18,000), cash (Rs 1.22 lakh), deposits in post office (Rs 4,46,281), an MUV (Rs 8,78,305) and a two-wheeler (Rs 36,750), the release said.