Social News XYZ     

CBI recovers Rs 1.57 cr cash, 17 kg gold from ex-Railway official (Lead)

CBI recovers Rs 1.57 cr cash, 17 kg gold from ex-Railway official (Lead)

New Delhi, Jan 17 (SocialNews.XYZ) The Central Bureau of Investigation (CBI) on Tuesday conducted searches in an ongoing investigation of a case against then Principal Chief Operation Manager, East Coast Railway, Bhubaneswar, Prmod Kumar Jaina for possession of alleged disproportionate assets, and seized a rich haul.

A senior CBI official said that cash amounting to Rs 1.57 crore, postal saving (Bank FDs) of Rs 3.33 crore, bank balance of Rs 1.51 crore, mutual fund deposits of Rs 47.75 lakh, gold bars, gold biscuits, coins & gold jewellery of 17 kg (worth Rs. 9.5 crore) and documents related to immovable properties were found from the bank locker and premises of accused and others including family members and relatives.A


The CBI had registered a case against Jaina, a retired Indian Railway Traffic official of 1989 batch, on January 3 on the allegations of possessing disproportionate assets worth Rs 1.92 crore during the period 2005 to 2020 in his name and his family members.

Searches were conducted at various places including Bhubaneswar, Jagatsinghpur (both in Odisha) and Kolkata. During searches, three keys of lockers in the name of the wife of the accused and other five keys of lockers whose names of owners were not readily available were found.

Therefore, after strenuous efforts, the name of the owners of the lockers as well as the locker numbers and bank branches were found out.

The seven lockers have been operated till now and the remaining locker is being operated.

Source: IANS

Facebook Comments
CBI recovers Rs 1.57 cr cash, 17 kg gold from ex-Railway official (Lead)

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at

%d bloggers like this: