Bhadrak: Vigilance officials today raided the office and houses of Balasore-Bhadrak Cooperative Bank Zonal Manager Ajit Hota on charges of acquisition and possession of property disproportionate to his known sources of income.
Acting on a complaint, a team of the anti-corruption wing conducted simultaneous raids at four places, including his house at Nalanga under Bhadrak Rural police limits.
During the search, the Vigilance sleuths recovered Rs 2 lakh cash from his house.
However, the exact amount of disproportionate assets that the bank official has possessed will be ascertained after completion of the raids, said a Vigilance official.
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