Indore: Lokayukta Police on Sunday claimed to have unearthed assets worth Rs two crore during a raid against a top officer of Madhya Pradesh Scheduled Castes Finance and Development Corporation.
The police raided the premises of Corporation's general manager Bhupendra Singh Bhati here and in Devas following a complaint that he had amassed assets disproportionate to his known sources of income, Superintendent of Police (Lokayukta) Virendra Singh said.
"Till now we have come across movable and immovable assets worth Rs two crore belonging to him who is much more than his known income," he said.
Bhati owns four houses, 10 acres of agricultural land and has nine bank accounts, Singh said, adding that he has been in service for 27 years during which he earned Rs 40 lakh in salary.

Bhati's two children are enrolled in medical courses and he had spent Rs 30 lakh on their education, Singh said, adding that he has been charged under Prevention of Corruption Act and other relevant laws.
In the past, suspended IAS couple Arvind and Tinoo Joshi had shot into limelight after an Income Tax department raid at their residence in February, 2010 uncovered assets valued at Rs 360 crore.


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