India News | Odisha Govt Officer Held for Possessing Crypto Worth Rs 1.75 Crore

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Bhubaneswar, Oct 29 (PTI) The Odisha Police on Saturday arrested a authorities engineer after cryptocurrency valued at over Rs 1.75 crore was present in his possession, officers stated.

The arrested Additional Chief Engineer (Planning, Monitoring, Design & Investigation) below Rural Water Supply and sanitation was to retire on Monday.

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He was arrested on the cost of possessing belongings disproportionate to his identified sources of revenue.

A vigilance court docket remanded him to jail custody for 14 days.

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The cryptos have been present in a raid on the extra chief engineer by the Vigilance Department in a corruption case, they stated.

The raid which started on Friday continued on Saturday.

As quickly because the officer and his household discovered the investigators at their doorstep, they tried to destroy proof of the cryptocurrency they possessed, stated an official assertion.

The investigators carried out simultaneous searches of his properties throughout Khurdha, Sambalpur and Bargarh districts after search warrants have been issued by a decide.

They discovered eight plots in Sambalpur price Rs 1.27 crore, insurance deposit price about Rs 64.42 lakh, two four-wheelers price Rs 39 lakh, two two-wheelers price Rs 3 lakh, 332 gm gold jewelry price over Rs 10 lakh, family articles price Rs 15.55 lakh and Rs 1.7 lakh in money, the assertion stated.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff might not have modified or edited the content material physique)





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