Noida millionaire bureaucrat's empire busted; more officers under IT scanner

Noida, Dec 2: In what could be one of the biggest seizures by income tax department, diamonds worth Rs. 100 crore, two kilos of gold, crores in cash was discovered from the house of a bureaucrat in Noida on Friday, November 28.

Apart from this, the man has around 20 properties to his name. Yadav Singh, who is a chief engineer with the Noida Authority, is involved in a scam worth Rs 954 crore, suspects the IT department.

On Monday, at least two officers at Noida Authority in Sector 6 were summoned by the income-tax department in the probe into Yadav Singh.

After the raids which were conducted over the weekend, all contracts that Singh oversaw have been cancelled, said a NDTV report. Also, he has been transferred to a lesser post till the investigation is over and will no longer be in charge of the Noida, Greater Noida and Yamuna Expressway authorities, said the report.

The raid

Everything began after the IT department got information regarding alleged sale of plots in Noida through fake share-holdings by the engineer. On November 27, Thursday, the IT department had found unaccounted assets at the engineer's residence and offices and also found that 40 fake companies were running under his wife Kusumlata's name.

Later, on Friday, a team of around 100 officials from IT department, conducted raids at 20 buildings of the engineer in Noida, Ghaziabad and Delhi.

Reportedly, the officials also found a diary with coded entries, which they suspect to be a record of more illegal dealings involving other bureaucrats.

Singh began his career as a bureaucrat in 1980 as a junior engineer. In a span of two decades, he rose to the position of Chief Engineer. In 2011, he became engineer-in-chief with the Noida Authority.

Allegedly, in 2012, the Samajwadi Party government had suspended him for corruption. However, a few months later, he was reinstated with more powers.

Oneindia News