This story is from May 16, 2014

Raids on IPS officer Jain unearth 100 crore assets

In the first-ever crackdown against an IPS officer in Madhya Pradesh, Lokayukta cops on Thursday raided premises of inspector-general of police, Mayank Jain, across five cities in the state and unearthed assets of nearly Rs 100 crore, disproportionate to his source of income.
Raids on IPS officer Jain unearth 100 crore assets
BHOPAL/UJJAIN/INDORE: In the first-ever crackdown against an IPS officer in Madhya Pradesh, Lokayukta cops on Thursday raided premises of inspector-general of police, Mayank Jain, across five cities in the state and unearthed assets of nearly Rs 100 crore, disproportionate to his source of income.
His properties include medicine stores, nursing homes at Bhopal and Rewa.
1x1 polls
Lokayukta officials said, Jain’s assets are 250% higher than his actual income and the market value could be more.
An orthopaedic, Jain joined the Madhya Pradesh police in 1995 and is currently posted as IG in the community policing unit. Raids at Jain’s rented home at Riveara Township in Bhopal and other premises at Ujjain, Rewa, Indore and Khargone revealed crores of unaccounted wealth in fixed deposits, insurance policies, jewellery and immovable property. “We seized incriminating documents. Searches are continuing,” Ujjain Lokayukta SP Arun Mishra told TOI.
The senior cop was also found to have acquired 45 acres of land in three separate villages of Khargone district, 2 acre land and 2400 sq ft plot at Ujjain, three flats at Indore (DLF Garden, Grand Exotica, Kanchan Sagar), two shops, a clinic, two flats at Bhopal (Kolar and Mahabali Nagar), nursing homes at Bhopal and Rewa, a stone crusher unit and cement mixing plant at Raokhedi village in Indore.
End of Article
FOLLOW US ON SOCIAL MEDIA