CBI registers case against former CMD of WAPCOS Ltd on allegations of possessing disproportionate assets

The Central Bureau of Investigation, CBI has registered a case against former CMD, Water and Power Consultancy Services (India) Limited and his family members on the allegations of possessing disproportionate assets.

The agency today conducted searches at 19 locations across Delhi, Gurugram, Chandigarh, Sonipat, and Ghaziabad at the premises of the accused. It led to the recovery of huge cash of 20 crore rupees, a large quantity of jewelry, valuable items, and incriminating documents.

CBI said, it was alleged that the accused after retiring from the service had started a consultancy business in the name of a private company based in Delhi. The alleged immovable properties belonging to the accused include flats, commercial properties, and a farmhouse spread across Delhi, Gurugram, Panchkula, Sonipat, and Chandigarh