Nanda case: CBI finds IRS officer’s money trail
- Elections 2014 LIVE: Modi breaks silence, says petty statements by 'BJP well wishers deviating poll campaign'
- Would prefer to go to Pakistan than stop criticising Narendra Modi: Omar Abdullah
- Centre calls off trip over China no to Arunachal youth
- JuD chief Hafiz Saeed: Hindus safe in Pakistan unlike Muslims in Gujarat
- In this TN seat, Cong, BJP and AAP take centrestage
The CBI Friday filed a chargesheet against Indian Revenue Service officer Ashutosh Verma for allegedly diluting Income Tax appraisal of companies of arms dealer Suresh Nanda, who is also an accused along with his son Sanjeev and chartered accountant Bipin Shah.
After four-year-long investigations, the CBI claimed to have pieced together the money trail of a part of the Rs 4.4 crore bribe allegedly received by Verma in lieu of his "services". The chargesheet accuses him of using the money to buy prime property near the beach in Morjim, Goa, for Rs 4.25 crore, through some Kolkata links. The property was purchased in the name of Nitya Resorts Pvt Ltd, registered in New Delhi.
The CBI received the sanction to prosecute Verma Thursday night. He was the deputy director of Income Tax (Investigations) when he handled the Nanda case and allegedly helped dilute the arms dealer's tax liability of "more than Rs 600 crore". He is currently posted as joint director.
Nanda has also been named by the CBI in FIRs in two big defence deals — the import of Barak missiles and supply of Armoured Recovery Vehicles. The son of former Navy chief S M Nanda, Nanda, son Sanjeev, Shah and Verma were first raided by CBI in March 2008.
- Five months after gruesome ATM attack, accused still at large
- Ex-syndicate member of Bangalore University held in marks-for-cash scam
- Accused get bail as police fail to file chargesheet
- ‘Naxals collected info on trucks carrying explosives from Khadki to Ahmednagar’
- A tale of two villages: Ramayan and Mahabharat
- UP CM tears into Modi bastion on first visit to Gujarat, says Third Front ready