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Ex-CMD of STC, conduit arrested for 1998 Aussie wheat import
New Delhi, Jul 9 (UNI) The CBI has arrested former State Trading Corporation CMD and the alleged conduit involved in the 1998 import of wheat from Australia by the STC, after raids were conducted at six of their places in Delhi and neighbouring Noida and Gurgaon.
Former STC CMD S M Dewan and the agent involved in the alleged irregularities of the import, H R Sardana, were arrested yesterday soon after the raids on their residential and office premises, the CBI said today.
Searches
at
Dewan's
premises
led
to
the
recovery
of
documents
detailing
massive
acquisition
of
properties
and
aassets,
which
Story first published: Thursday, July 10, 2008, 11:55 [IST]