India News | CBI Seizes Rs 20 Crore in Cash from Premises of Former CMD of WAPCOS Limited

New Delhi, May 2 (PTI) The CBI has seized more than Rs 20 crore in cash during searches at the premises of Rajinder Kumar Gupta, former Chairman and Managing Director (CMD) of public sector undertaking WAPCOS Limited, officials said Tuesday.

Gupta was booked recently for amassing assets disproportionate to his known sources of income.

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After registering the FIR against Gupta and his family members, Central Bureau of Investigation (CBI) teams conducted searches at his premises where Rs 20 crore in cash was seized in addition to documents related to properties and other valuables, they said.

WAPCOS, earlier known as Water and Power Consultancy Services (India) Limited, is a central public sector enterprise wholly owned by the government under the administrative control of the Ministry of Jal Shakti.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)