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

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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.

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PM Modi Slammed for “Destroying” CBI: Congress on Alok Verma’s Case

The Congress on Tuesday slammed Prime Minister Narendra Modi after the Supreme Court reinstated Alok Verma as the Central Bureau of Investigation (CBI) Director, saying he has been exposed for "destroying" the premier investigating agency.

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Image: IANS

The Congress on Tuesday slammed Prime Minister Narendra Modi after the Supreme Court reinstated Alok Verma as the Central Bureau of Investigation (CBI) Director, saying he has been exposed for “destroying” the premier investigating agency.

“Modi adds another first to his list. After being the first Prime Minister to be exposed destroying the CBI before the Supreme Court, after having ruined the CVC’s (Central Vigilance Commission) credibility (requiring supervision by former SC judge), Modi has now become first Prime Minister to have his illegal orders set aside by the Supreme Court,” Congress spokesperson Randeep Singh Surjewala said in a series of tweets.

His remarks came soon after the Supreme Court judgment pronounced on a plea by Verma and NGO Common Cause challenging the government’s decision on the intervening night of October 23-24 to divest Verma of his charge as head of the investigating agency.

Reminding Modi that the government comes and goes but the integrity of the institutions survive, Surjewala hoped that the judgement would be a “lesson” to the Prime Minister about the strength of country’s democracy and the Constitution.

“Modiji please remember, governments have come and gone. Integrity of our institutions have survived. Let this be a lesson to you about the strength of our democracy and the Constitution. Let this be a lesson that howsoever despotic you may be, law catches up in the end,” he said.

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Central Bureau of Investigation (CBI). Wikimedia

Firing salvo at Prime Minister, the Congress leader said: “After making CBI Chief suffer the consequences of your illegal decision for three months, will you show the courage to return three months of lost tenure? Unless you are afraid of investigation into Rafale scam.

“Modi equals to ‘Muzzling of Democratic Institutions’. First, you lose four economic advisors in a row including two RBI Governors. Second, four Supreme Court judges go public on Judge (B.H.) Loya, then you destroy credibility and competence of the CBI and CVC. This is your model of ‘minimum governance, maximum government’,” he added.

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Congress leader Abhishek Manu Singhvi questioned the Supreme Court verdict asking what has changed now.

“Before the Supreme Court verdict; Alok Verma didn’t have powers of CBI Chief, couldn’t take any decision on policy or investigation. After Supreme Court verdict: Ditto,” Singhvi tweeted. (IANS)