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CBI raid: Whopping Rs 1.35 Cr cash seized from an IT officer during the search
Karnataka

CBI raid: Whopping Rs 1.35 Cr cash seized from an IT officer during the search

Agency News

Bengaluru, Apr 4: The CBI officials during raid on an Income Tax officer H R Nagesh's residence have recovered a whopping Rs 1,35,50,650 in cash, several incriminating documents, property documents, mobile phones, pen drives, documents relating to investments, on Thursday.

CBI, based on a complaint by a Managing Director of a private company laid a trap yesterday and arrested redhanded, Nagesh and another IT officer Narendra Singh, who demanded and accepted a bribe of Rs 14 lakhs from the complainant for settling the issue.

This was pertaining to an IT department raid conducted at the office premises of the complainant on March 6 and registered a case in Rc.04(A)/2019 u/s. 120-B of IPC and 7 of PC Act, 1988 and further investigation was initiated against the two IT officers caught.

Both the arrested were produced before the court and they were remanded to judicial custody. The investigation is in progress, according to an official release here on Thursday. (UNI)