ACB seized over 8 lakh cash from bank manager in Rajasthan

Rajasthan's ACB recovered unaccounted cash of Rs 8.50 lakh from a bank manager. A team of Rajasthan's Anti-Corruption Bureau (ACB) recovered unaccounted cash of Rs 8.50 lakh from the Chief Manager of Central Cooperative Bank Limited, officials gave this information. He said that Chief Manager Sanjay Sharma is being questioned.

Secret information was received that Sharma was going from the Nohar-Rawatsar area to Hanumangarh with a bribe in lieu of approving a warehouse in the food storage scheme. ACB Director General (DG) Ravi Prakash Meharda said that an ACB team stopped him at Kohala toll plaza during checking on Friday night and recovered unaccounted cash worth Rs 8.50 lakh from him.

He failed to provide a satisfactory explanation of the source of the cash and it was seized. Further action will follow, the bureau official added.

The ED raided several places and seized properties worth crores within the last year. It includes a teacher recruitment scam in West Bengal, the illegal mining scam in Jharkhand, and money recovered by raiding many places before the UP elections. The seizure of money or jewelry is done by officials of the Enforcement Directorate, Income Tax Department, or Election Commission. Raids are conducted while taking action in cases like disproportionate assets, money laundering, and possession of illegal property. 

A case is registered against the person from whom the money has been seized and if he is proved guilty, legal action is taken against him. In the same vein, if the person against whom the case is registered proves that the seized money is not illegal and tax is paid on it, then in such cases, the seized money is returned.