Monday December 17, 2018
Home Politics Disproportion...

Disproportionate assets case: Virbhadra Singh and family to be questioned by CBI

0
//
Republish
Reprint

virbhadra-singh_60

By NewsGram Staff Writer

Himachal Pradesh chief minister Virbhadra Singh, and his family will be questioned by the CBI in connection with its probe into disproportionate assets worth Rs 6.10 crore acquired by them.

The Congress leader was examined last year in Delhi in connection with its probe into corruption in the State Trading Corporation and alleged revised Income Tax returns.

Singh will now be formally examined again to find out the sources of income. Though the agency refused to give a timeline for examining Singh and his family members.

The CBI allegations against Virbhadra Singh are that as Union steel minister, he acquired disproportionate assets worth Rs 6.10 crore.

The money was then invested in LIC policies through an insurance agent, Anand Chauhan, showing it as agricultural income which is exempt from income tax.

Singh filed IT returns for assessment years 2009-10, 2010-11 and 2011-12 showing agricultural income of Rs 735,000, Rs 1,500,000 and Rs 2,500,000 respectively.

In order to explain the unaccounted money, Singh filed revised IT returns in 2012 for assessment years 2009-10, 2010-11 and 2011-12.

According to the CBI, the documents showing revised agricultural income, revealed an 18 to 30-fold increase in income in the three years which was Rs 2.21 crore, Rs 2.8 crore and Rs 1.55 crore respectively (total Rs 6.10 crore).

“The said income (Rs 6.10 crore) of the revised ITR was allegedly earned through agricultural income at Srikhand Apple Orchards in Rampur, Shimla. LIC agent Anand Chauhan was given the charge to manage the orchard at a commission of two percent. The orchard did not have that kind of production that it can give income of Rs 6.10 crore in three years,” the agency said.

Meanwhile, Virbhadra Singh said in a statement that “he and his family members were being targeted out of political vendetta”.

“The CBI probe is political vendetta against me and witch-hunting being manipulated by the NDA government on the behest of former Chief Minister Prem Kumar Dhumal. I have been cleared by court in all the cases earlier”, Singh said.

Click here for reuse options!
Copyright 2015 NewsGram

Next Story

CBI Writes to Cambridge Analytica, Facebook And GSR Regarding Data Breach Cases

The CBI got the reference from the Ministry of Electronics and Information Technology, in July, to investigate the role of Cambride Analytica

0
Case Against NDTV Founders
Central Bureau of Investigation (CBI). Wikimedia

The CBI has written to UK-based Cambridge Analytica and Global Science Research (GSR) and US-based Facebook, seeking information in connection with its probe into allegedly illegally obtaining social networking site data of Indians, sources said on Monday.

According to Central Bureau of Investigation (CBI) sources, the agency has written to the Cambridge Analytica’s New York City office, GSR office in UK and Facebook’s US office.

The agency’s moves comes in the wake of a “Preliminary Enquiry (PE)” it registered against the firms after receiving a reference from the Centre to start a probe into the matter on August 8.

The CBI got the reference from the Ministry of Electronics and Information Technology, in July, to investigate the role of Cambride Analytica.

Facebook
Facebook App on a smartphone device. (VOA)

Union Information Technology Minister Ravi Shankar Prasad on July 26 had also told Parliament that the government has ordered the CBI to probe and find out if the British company had violated Indian laws.

Cambridge Analytica — a company owned by the hedge fund billionaire Robert Mercer — declared bankruptcy this year following allegations that it used personal information harvested from 87 million Facebook accounts to help Donald Trump win the 2016 US presidential election.

Also Read- Apple Responds to Disappearing iTunes Movie Purchase Issue

The firm is accused of mining personal information without authorisation in early 2014, to build a system that could profile individual US voters, in order to target them with personalised political advertisements. (IANS)