Wednesday, April 29, 2015

Central Excise supdt jailed in disproportionate assets case


Chennai:

A CBI court has sentenced superintendent of Central excise in Trichy to undergo three years rigorous imprisonment with a fine of Rs one lakh in a disproportionate assets case, a CBI spokesperson said.



The Special Judge for CBI Cases, Madurai has convicted S X Jayaraj, then Superintendent of Central Excise, Trichy in a disproportionate assets case and ordered for confiscation of the disproportionate assets, both movable and immovable to the State.



CBI had registered a case against Jayaraj, the then Superintendent of Central Excise, Trichy Commissionerate on the allegations that during the checking period from June 1987 to February 21, 2006,  he acquired assets disproportionate to his known sources of income.



The Investigation established that during the period, Jayaraj had acquired assets worth Rs 37.03 lakh as against his  known sources of income of Rs 23.50 lakh and incurred expenditure of Rs16.58 lakh.



The disproportionate assets, both movable and immovable in his name and in the names of his family members were calculated as Rs 30.10 lakh. After completion of investigation, CBI filed charge sheet against him under sections 13(2) r/w 13(1)(e) of Prevention of Corruption Act, 1988 before the Special Judge for CBI Cases, Madurai.

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