How CBI trapped this Income Tax commissioner in a corruption case

Judith QuinnMay 04, 2017

Mumbai: In a major swoop, the CBI on Wednesday arrested an Income Tax Commissioner, a top Essar Group official and four others in a bribery case and seized Rs 1.50 crore during operations in Mumbai and Visakhapatnam, officials said here.

The arrested IT officer is B. B. Rajendra Prasad, an IRS officer of 1992 batch who is now IT Commissioner (Appeals - 30) in Mumbai.

The sources further added, "The CBI officials, who have been closely monitoring the activity of the commissioner, laid a trap and caught him while receiving the part of the bribe from the real estate agent". Prasad was posted in Mumbai as an I-T commissioner (Appeals-30) and is accused of seeking the bribe for passing an order in favour of a firm.

An official spokesperson of Balaji Trust denied allegations of misconduct by its executives: "There was a routine survey of records, conducted by CBI at the offices of two of our executives in connection with some IT assessment orders". Mittal was looking into the matter, the CBI also said.

The email said Balaji Trust is fully cooperating with the investigation.

The arrested were produced before a CBI special court in Visakhapatnam to seek custody on Wednesday.

CBI in its FIR has alleged that Balaji Trust through its CA had agreed to pay the bribe to Prasad.

Highlighting the manner in which the money changed hands, the CBI said Prasad got in touch with Choksi through an associate, Visakhapatnam-based Suresh Jain who is in the bullion and real estate business. The payment, CBI found, was meant to be handed over to Prasad at his Vishakapatnam residence at an "opportune moment".

The CBI said searches were conducted in Mumbai and Visakhapatnam at the offices and homes of the accused which led to the recovery of property papers, details of bank accounts, three lockers and several incriminating documents. The total value of the company's assets attached stood at Rs 132 crore.

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