Another IRS Officer clean bowled by CBI

MUMBAI. Corruption in IRS has taken another toll. High Profile Deputy Director(Investigation) of Income Tax Department, Abhishek Verma, an IRS of 1999 Batch has been finally arrested by CBI from a 7-Star Hotel in Mumbai alongwith a CA Bipin Shah and Arms Middleman Suresh Nanda and his son Sanjeev Nanda for hatching a conspiracy to save middleman in the investigations.

                At the time of his arrest accused IRS was negotiating remaining amount of bribe amount for helping Nandas in an investigation conducted by the accused IRS.

                The Directorate of Income Tax (Investigation) had conducted raids during 2007 at the premises of the defence middleman in which several incriminating materials pertaining to the involvement of defence middleman’s and his associates in different defence deals were recovered. The accused IRS was handling the investigation of that case. As part of the conspiracy, it is alleged, IRS obtained huge amount of bribe from the accused defence middleman and his son in order to favour them in the investigation report prepared by him in connection with the Income tax case. The deal was struck through the Chartered Accountant. As part of the deal, after receiving huge money, the official deliberately withheld/suppressed the incriminating material in his possession in the investigation report prepared by him in order to save the defence middleman and his associates from any impending prosecution by the CBI and other agencies. The accused IRS also showed the draft investigation report which he had prepared to the Chartered Accountant and made changes after vetting by the defence middleman.

                The middleman is alleged to have received kickbacks to the tune of over Rs 1000 Crore in several Arms Deal handled by him and is also said to have purchased Claridges Hotel in Delhi and SeaRock Hotel in Mumbai.

                Searches were conducted at different premises of the four accused persons by CBI in New Delhi, Ghaziabad, Mumbai and Goa.  

                Accused IRS, for the crucial meeting first flew from Delhi to Goa with his wife; and thereafter flew from Goa to Mumbai after putting his wife in a resort.

(Source: Allindiantaxes)


1 Comment

  1. Euthad said,

    March 2, 2012 at 8:06 am

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