Punjab

BADAL'S BLUE BOY SP SINGH IN MORE TROUBLE, VIGILANCE REGISTERD DISPROPORTIONATE ASSETS CASE

November 08, 2017 09:35 PM

Accused had incorporated three firms namely Access Agro Seeds Pvt Ltd, Award Agro Traders Pvt Ltd and Oster Agro Traders Pvt Ltd in the name of his wife and mother and transacted Rs. 65.85 crores in the accounts of these bogus companies and the savings accounts of his family. "He had acquired immoveable properties with Rs. 25.85 crores at various places in the state and withdrew Rs. 40 crores as cash from the accounts of these firms which was being probed by the Bureau.

Chandigarh  (Face2News)

The Punjab Vigilance Bureau today registered a case against former Chief Engineer GMADA Surinderpal Singh  (SP Singh Pahalwan known as Badal's Blue Boy )for amassing huge wealth than the disclosed sources of his income by misusing his official position.

Disclosing this an official spokesperson of the Vigilance Bureau said during the investigation, the VB team have chosen a specific check period form the year 2005 to 2017 during which the accused was holding responsible postings and found that Surinderpal Singh and his family members have got total income of Rs. 5.24 crore.

 During the check period, he and his family had spent Rs. 29.67 crores on various moveable and immoveable properties including other expenditures, he added.

He revealed that out of this total money the accused chief engineer and his family had purchased moveable assets including payment of registration fees with Rs. 2.46 crore and spent Rs. 53.46 crore to acquire various immoveable properties. It was found by the VB that the accused Surinderpal Singh and his family had amassed wealth to the tune of Rs. 24.43 crores then the known sources of their income which amounts to 465 percent than the actual income, he said.

 The spokesperson further added that the accused had incorporated three firms namely Access Agro Seeds Pvt Ltd, Award Agro Traders Pvt Ltd and Oster Agro Traders Pvt Ltd in the name of his wife and mother and transacted Rs. 65.85 crores in the accounts of these bogus companies and the savings accounts of his family. "He had acquired immoveable properties with Rs. 25.85 crores at various places in the state and withdrew Rs. 40 crores as cash from the accounts of these firms which was being probed by the Bureau.

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