The investigators are now probing if the investments and the cash seized are also linked with the current case or if they are tainted funds.
Mumbai: A day after the arrest of the assistant commissioner of air cargo complex in a bribery case, the Central Bureau of Investigation (CBI) has found that the officer had recently invested Rs 1.02 crore in an under-construction residential property and fixed deposits worth Rs 1.75 crore. The investigators are now probing if the investments and the cash seized are also linked with the current case or if they are tainted funds.
The CBI conducted searches of Mr Gehani’s official and residential premises and found Rs 11.18 lakh in cash, along with details of various bank accounts and demat accounts. The property in which he had invested is in the name of his family members and located at Santacruz (east).
During the search at the residence of S.S. Upadhyay, an appraiser and accused in the case, the CBI found cash worth 5.50 lakh along with documents related to the purchase of three flats at Nerul in Navi Mumbai.
The list also includes the purchase of three shop establishments at Kharghar and Vashi, two other flats at Kharghar that were purchased and later; one land parcel purchased and sold in Lucknow, and one agricultural plot at Karjat that was owned by him.
The CBI arrested Gehani and Upadhyay on Wednesday for taking Rs 2000 as bribe from the complainant for assessment of bills of entry and final assessment of the consignment. The CBI later registered a case against them under sections 120 (B) (criminal conspiracy) of the Indian Penal Code and relevant sections of the Prevention of Corruption Act.