CBI raids Mumbai IT Commissioner, five others, recovers Rs 1.5 crore cash

The sources said the case pertains to over Rs 19 lakh allegedly taken as bribe by the Commissioner. They said during the searches Rs 1.5 crore have been seized by the agency. It is alleged that the bribe was taken to favour a corporate house. Deccan Heral

However, since the CBI was onto them throughout, it laid a trap and caught Prasad accepting Rs 19.34 lakh - a part of the bribe amount from Suresh.

In an email response, a Balaji Trust spokesperson said there was "a routine survey" of records by CBI at the offices of two of its executives in connection with some IT assessment orders. The trust denied the allegations.

CBI sources said the agency had received inputs about the bribe demand by Prasad and was keeping surveillance on all the actors in the case. Subsequent searches at multiple places belonging to the accused have already led to the recovery of almost Rs 1.5 crore. Around Rs 1.5 crore had been recovered earlier and officials were looking for more, officials said.

Five others in the alleged bribery case include Managing Director of a Group of Companies based in Mumbai, an Account Officer of said private company, a Chartered Accountant, a Real Estate trade agent and his relative (private person). It said Mittal was monitoring the matter and was in touch with Parikh and another partner of the CA firm, Gautam Choksi.

After receiving the money, Mr. Parikh contacted Mr. Jain and asked him to collect it. Jain is said to have got in touch with another person and enquired about the delivery of the money. Apart from Essar House, the CBI conducted searches in Mumbai and Visakhapatnam and seized property documents, details of bank accounts, three lockers and several documents.

Prasad will be produced in CBI court by Wednesday afternoon. A source told CBI that the amount was likely to be delivered to Prasad on Tuesday at his Visakhapatnam residence.

The money was then ordered to be delivered.

The accused shall be placed under arrest for corruption and related charges even as further investigations were underway. The total value of the company's assets attached stood at Rs 132 crore.

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