CBI REGISTERS CASE AGAINST A SOCIAL SECURITY OFFICER OF ESIC FOR POSSESSION OF DISPROPORTIONATE ASSETS AND CONDUCTS SEARCHES

 

(Judicial Quest News Network)

The Central Bureau of Investigation has registered a case against a Social Security Officer, Employees State Insurance Corporation (ESIC), Panaji(Goa) on the allegations of possessing Disproportionate Assets. It was alleged that the Social Security Officer, Employees State Insurance Corporation (ESIC), Panaji(Goa) during the period from 01.01.2005 to 15.02.2021 had  amassed the disproportionate assets, both movable & immovable, in his name and in the name of his family members, to his known sources of income,  to the tune of Rs. 57,95,004/-(approx) which alleged to be about 94%.

 Searches were conducted at the office and residential premises of the accused at Panaji & Margao(Goa)  which resulted in recovery of cash of Rs.15,23,300/-(approx); FDRs valued at Rs.14 lakh(approx) and various incriminating documents including investments made by the accused and his family members in properties, HDFC Life, LIC, etc.

 Investigation is continuing.