The Central Bureau of Investigation on Wednesday registered a case against a top Income Tax official and eight others, including his family members, on charges of possessing disproportionate assets to the tune of Rs 6.1 crore.
Surprise checksBased on specific inputs, the CBI’s Anti-Corruption Branch conducted surprise checks on the premises of M. Krishnaswamy, a 1988-batch officer of the Indian Revenue Service, who is working as Director (Investigation), Settlement Commission. Earlier, he was Commissioner of Income Tax, CBI sources said.
The allegation is that the accused had amassed wealth by acquiring huge assets in the name of immediate family members and several benami persons in Chennai, Palani and other places across Tamil Nadu.
CBI teams conducted simultaneous checks at 14 places in the State, which led to recovery of documents relating to property worth several crores, locker details, investments in shares and private firms. The other accused allegedly abetted the official in the commission of the offence.
The agency registered a case against the accused under the provisions of the Prevention of Corruption Act, 1988, and IPC, the sources said. CBI officials could not be reached to ascertain the specific charges levelled against the IT official and how they calculated the quantum of the alleged disproportionate assets.
