CBI arrested IRS officer and CA Busted Bribery Racket in Chennai

CBI arrested IRS officer and CA Busted Bribery Racket in Chennai

The Central Bureau of Investigation (CBI), Anti-Corruption Branch, Chennai has caught, arrested  Sallong Yaden, Joint Commissioner, Income Tax, Range-VI, Nungambakkam, Chennai red handed while accepting a bribe of Rs 8 lakhs from a chartered accountant, Shreyans Bhandari of S.H. Bhandari & Co., Chartered Accountants to prepare a favourable report for a chartered accounting firm.

Shreyans Bhandari, and Sanjay Bhandari, ran S H Bhandari and Co chartered accounting firm in Chennai.
They approached the income tax officer through a common friend, Hitesh Kawad, who is the managing director of SPR and RG Constructions in the city.

CBI arrested Hitesh Kawad, Managing Director of SPG & RG, and a real-estate firm based in Chennai

CBI officers searched 16 locations in Chennai and Mumbai and recovered over
Rs.1 crore in cash and ornaments.
They also seized 16 laptops, 13 CPUs, nine mobile phones, three iPads, property papers and other documents.

CBI has registered a case vide RC 1(A)/15 u/s.120-B IPC r/w 7, 12, 13(2) r/w 13(1)(d) of PC Act, 1988 against Yaden and three others.
Yaden and Bhandari were sent to Puzhal Jail.

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Monday, January 12, 2015

Tags – CBI Arrest Income Tax Officer