Raid on Ratlam co-operative employee unearths Rs 9cr assets

BHOPAL: The police claimed that Kailash Sangate had two dumpers, two JCB machines, five luxury vehicles, two homes in Ujjain and two shops in Indore, besides jewellery worth about Rs 1 lakh, two motor-bikes, 12 savings bank accounts in different banks that showed transactions worth Rs 1.45 crore. The SP said these were the preliminary findings, and the police expected to unearth more in the course of investigations.
Incidentally, this is the second Lokayukta raid in Indore in about a month to unearth a large amount of unaccounted assets from a low level UMC employee. In December, another employee, Narendra Deshmukh, was found owning assets worth around Rs 10 crore. This was while his legal income from all his years of employment was found to be just about Rs 12 lakh.
Deshmukh was a store-keeper with UMC at the time of the raid. He was alleged to have property worth Rs 10 crore in Maharashtra and Haryana, besides Indore.
In the second instance, the Lokayukta police team raided the home of a sub-auditor of the co-operative department to seize documents allegedly showing that he owned property worth about Rs 9 crore in Indore alone. Another police team was conducting a raid on his other home in Ratlam, as of late evening.
The man, Anand Pathak, was earlier posted in a co-operative society in Indore and was transferred to Ratlam a year and a half ago.
Lokayukta's Indore SP, Virendra Singh, said his team unearthed property prima facie worth Rs 9 crore. The details from the raid going on at his Ratlam home are awaited, the SP said.
Pathak was found to own two houses, one each in Rajmohalla and Money Avenue of Vaishali Nagar Colony, besides two shops in South Tukoganj, two more in Durga Apartment of Rajendra Nagar area, two plots in Gopur Colony and one plot near the Indore airport. He was also found to possess two four-wheelers and two two-wheelers, LIC policies worth Rs 10 lakh, Rs 4 lakh deposited in different banks, accounts, Fixed deposits worth Rs 3 lakh, jewellery valued at Rs 9 lakh and some more. The team also seized Rs 1.20 lakh in cash from his residence.
The SP said Pathak earns a monthly salary of around Rs 25,000, and had been employed for 18 years.