Disproportionate Assets: Vigilance Raids Properties
Bureau,Odishabarta
Sambalpur: On the allegation of acquisition and possession of disproportionate assets by the S.O. Masut Mohammad, Secretary, Charbhata and Dubula PACS Ltd., Dist-Subarnapur his (1)Residential triple storey building of the S.O. Masut Mohammad located at Salepali Bolangir, P.S.- Bolangir Town, Dist- Bolangir, (2) office chamber located at Charbhata and Dubula PACS Ltd., P.S.- Tarva, Dist- Subarnapurwere simultaneously searched today i.e. on 16.07.2021 by the Officers of Vigilance Sambalpur Division, Sambalpur on the strength of Search Warrants issued by the Special Judge, Vigilance, Bolangir to find out assets disproportionate to his known sources of income.
During search, the following movable and immovable assets found in possession of Masut Mohammad, Secretary, Charbhata and Dubula PACS Ltd., Dist-Subarnapur in his names and in the name of his family members traced so far are as follows:-
Imovable assets like one triple storey building, 04 nos. of plot at Bolangir and 03 nos. of plot at Subarnapur worth of Rs. 1,41,15,032.00.
Besides the above, movable assets like, costly household articles, furniture’s, electrical/electronic gadgets, gold ornaments, one Hero Honda Pleasure Motor Cycle, one Honda Unicorn Motor Cycle worth Rs.8,68,843.00, deposits in different Banks Rs.20,22,237.00 and hard cash of Rs.1,20,645.00 etc. have been detected.
The total movable and immovable assets so far detected during house search is calculated at Rs.1,71,26,757.00 (One crore seventy one lakhs twenty six thousand seven hundred and fifty seven) only approximately, besides premium deposits in various insurance companies amounting to Rs.12,03,881.00 has been traced.
