04 May, 2017
In the ongoing crackdown against illegal accumulation of wealth, the Central Bureau of Investigation (CBI) has arrested a high-ranking Income-Tax commissioner along with five other people in connection with an alleged bribe of over Rs 19 lakh according to the news agency PTI.
Prasad, a 1992 batch Indian Revenue Service officer handling appeals related to tax matters in Mumbai office, had allegedly demanded a bribe of Rs two crore for an order favouring the Balaji Trust in which Essar group is the main trustee, CBI sources said today.
Others arrested by the CBI were Pradeep Mittal, managing director of Essar Group, Vipin Bajpai, accounts officer in Essar Group, Suresh Kumar Jain, a real estate trade agent, his relative Manish Jain, and Shreyas Parikh, a chartered accountant with G K Choksi & Co.
The CBI said Prasad had recently passed an order in an appeal matter favouring a private trust, Balaji Trust, of the Essar Group.More news: "I like to have fun" says Ronnie O'Sullivan
The CBI said during its probe it found that Prasad had got in touch through an associate, Suresh Jain who is into real estate and bullion.
The officer added that Mr. Prasad, who was on leave in Vishakapatnam, had asked that the amount be delivered to him there an the CBI laid a trap accordingly. On Monday Prasad got in touch with Jain and asked him to hand over the money he had collected on his behalf. Jain is said to have got in touch with another person and enquired about the delivery of the money. Around Rs 1.5 crore had been recovered earlier and officials were looking for more, officials said.
Several property documents along with details of bank accounts, three lockers and other incriminating documents were also recovered during the searches. Yesterday, Jain was caught red-handed by the CBI while delivering the money. "Our executives are cooperating with the investigation fully and will continue to do so". The total value of the company's assets attached stood at Rs 132 crore.