New Delhi: The Central Bureau of Investigation (CBI) has filed a charge sheet on Tuesday against Yadav Singh, then chief engineer with NOIDA and the Greater Noida Authority and his family members including wife, two daughters, son and daughter-in-law.
Investigations have revealed that, during the check period from 1 April 2004 to 4 August 2015, Yadav Singh and his family members were in possession of disproportionate assets (DA) worth Rs 23,15,41,514 (approximately), which was disproportionate to the extent of 512.66% to his known sources of income.
Investigation also revealed that Yadav Singh and his family allegedly incorporated three private limited companies, three proprietary firms and one charitable trust to convert the black money into white. Income shown in these companies/firms were allegedly found to be managed through accommodation entries after providing equivalent amount of cash through batteries of CAs in various manners, like money routed showing as unsecured loan, share application money, selling of shares at premium.
The CBI has also named Yadav Singh’s chartered accountant Mohan Lal Rathi and three companies, Kusum Garments Pvt Ltd, KS Ultratech Pvt Ltd, Hitchki Creations Pvt Ltd and a trust, PGP Charitable Trust in the chargesheet.
It may be recalled that CBI had registered a case on 30 July 2015 against Yadav Singh and his family members and his business associates in compliance of Allahabad High Court orders.The CBI had conducted searches at the premises of accused persons at 16 locations including at Noida, Agra and Lucknow during August, 2015.
During the searches, CBI had found three immovable properties in the name of Yadav Singh; 19 immovable properties in the name of his wife Kusum Lata and 3 immovable properties in the name of his son Sunny Yadav. It was also revealed that jewellery worth Rs 1.04 crore (approximately) was allegedly purchased during the check period by the family of then chief engineer.
The chargesheet is filed under section 120-B, 109 of IPC and Section 13(2) r/w 13(1) (e) of PC Act 1988 and substantive offences thereof in the Court of Special Judge, CBI Cases, Ghaziabad (Uttar Pradesh), in the disproportionate assets case.
Yadav Singh is also known for his association with Anand Kumar, brother of Mayawati and newly inducted vice president of BSP. He developed links with the Samajwadi Party as well during the rule of Akhilesh Yadav.
Hindusthan Samachar/Amit Kumar