Bhubaneswar, Sep 21 (PTI) The Vigilance Directorate Tuesday arrested an official of the Odisha Construction Corporation Ltd (OCCL) on charges of amassing assets worth Rs 1.64 crore, disproportionate to his known sources of income.

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House searches were conducted at three places in Sambalpur by the district vigilance division on Monday following a complaint that the senior manager of OCCL, Ranjan Dang, possessed assets disproportionate to his known sources of income, the directorate said in a release.

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Dang is the senior manager in the Sambalpur unit of OCCL, a state-run public sector unit.

Movable and immovable properties worth Rs 227 crore were unearthed during the searches, it said.

Dang's income, expenditure, and assets were calculated, and he was found in possession of disproportionate assets worth Rs 1.64 crore, constituting 166 per cent of his known sources of income, according to the statement.

A case was lodged under the Prevention of Corruption (Amendment) Act and Dang was arrested, it said.

(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)