Lok Ayukta unearth unaccounted wealth from official's house

Tumkur, Karnataka, May 31 (UNI) Lok Ayukta police today initiated action against an Assistant Commissioner of Commercial Taxes for possessing unaccounted property to the tune of Rs 1.8 crore, including gold, silver, bank deposits and real estate.

Speaking to newspersons here, Lok Ayukta Superintendent of Police M B Pavin said the said official, H C Nagaraj, had amassed wealth disproportionate to his known sources of income.

This was brought to light after a raid conducted on Mr Nagaraj's house in the city yesterday. The search operations had continued for the second day today.

Mr Pavin said during the course of the raid, police found Mr Nagaraj in possession of six houses and plots in Bangalore, Mysore, Tumkur and Shimoga. 981 grams of gold, 6.5 kgs silver articles and Rs 90,300.

The police official said Mr Nagaraj had also opened 31 bank accounts in the name of his relatives and friends in Tumkur, Shimoga and Madhugiri. Rs eight lakh in bank balance and Rs three lakh of fixed deposits had been frozen, Mr Pavin added.

UNI