CBI seizes Rs 20 crore in cash from the former CMD of a Central govt agency under the Ministry Of Jal Shakti

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The Central Bureau of Investigation (CBI) has seized more than Rs 20 crore in cash during searches at the premises of Rajinder Kumar Gupta, former Chairman and Managing Director (CMD) of public sector undertaking WAPCOS Limited, officials said.

CBI raided places in around 19 locations including Delhi, Chandigarh, Panchkula, Gurugram, Sonipat & Ghaziabad in connection with a disproportionate assets case against Rajender Kumar Gupta, former CMD of WAPCOS water & power consultancy which comes under Jal Shakti ministry. CBI has filed the case against him and his family members & seized Rs 20 crore cash today- says CBI.

WAPCOS is a central public sector enterprise wholly owned by the government under the administrative control of the Ministry of Jal Shakti.

Gupta was booked recently for amassing assets disproportionate to his known sources of income. After registering the FIR against Gupta and his family members, CBI teams conducted searches at his premises where Rs 20 crore in cash was seized in addition to documents related to properties and other valuables, they said.

WAPCOS, earlier known as Water and Power Consultancy Services (India) Limited, is a central public sector enterprise wholly owned by the government under the administrative control of the Ministry of Jal Shakti.

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