New Delhi, May 2 (). The Central Bureau of Investigation (CBI) on Tuesday seized Rs 20 crore in cash from the premises of Rajendra Gupta, former CMD of Wapcos, a water and power consultancy company under the Ministry of Jal Shakti, and his family members.
A senior CBI official said a case was registered against Gupta and his family members on charges of having disproportionate assets.
Raids were conducted at 19 places in Delhi, Chandigarh, Gurugram, Sonepat and Ghaziabad at the residential and business premises of the accused persons. During the raid, Rs 20 crore in cash, incriminating documents and digital devices have been recovered from the possession of the accused.
After retirement from service, Gupta started a consultancy business under the name of a private company based out of Delhi.
The alleged immovable properties of the accused also include flats, commercial properties and farmhouses spread across Delhi, Gurugram, Panchkula, Sonipat and Chandigarh.
FZ/SGK
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