Odisha: Senior official of Tata Power held for amassing disproportionate assets

Bhubaneswar: The State Vigilance today arrested a Sub Divisional Officer (SDO) of Tata Power Northern Odisha Distribution Ltd (TPNODL) on charges of amassing disproportionate assets worth Rs 2.13 crore.

Based on the allegation of possession of assets disproportionate to the known sources of income, the sleuths conducted simultaneous searches at five places in Keonjhar district associated with Maheswar Sethy, SDO, Meter Relay Testing of Electrical at TPNODL yesterday.

Five teams of Balasore Vigilance Division comprising two DSPs, six Inspectors and other staff on the strength of search warrants issued by the Court of Special Judge, Vigilance, Keonjhar.

Two double-storeyed buildings in Keonjhar district, four plots including three plots in Keonjhar town and one plot at Ghatagaon, Keonjhar, three numbers of two wheelers, bank deposits over Rs 24.63 lakh, insurance deposits over Rs 24 lakh and other movable and immovable properties, totalling to over Rs 2.57 crore were unearthed during the house search.

After thorough search, inventory and further enquiry, the income, expenditure and assets of Sethy, were calculated and he was found in possession of assets disproportionate to the known sources of income to the tune of Rs 2,13,22,084, which constitutes 260% of his known sources of income.

A case under Balasore Vigilance PS with Case No.17 dt.22.09.2021 was registered against Sethy and his spouse U/s 13(2) r/w 13(1)(b)/12 Prevention of Corruption (Amendment) Act-2018.

In course of investigation, Sethy has been arrested and forwarded to the Court of Special Judge, Vigilance, Keonjhar. The Court remanded him to judicial custody till October 5, 2021.

Further investigation of the case is on.

On the other hand, the TPNODL issued a statement on the development.

“The arrest of SDO in a disproportionate asset case is a very serious matter for us and against the work ethics of TPNODL We are looking into the case and are in touch with the State Vigilance Department. We have already initiated an internal enquiry through a high-level committee comprising of senior most officials. Strict action will be taken against the erring officer which would include suspension and even termination of services,”said Bhaskar Sarkar, CEO, TPNODL.

Also Read

Comments are closed.