The Ontario government computer specialist fired after the alleged theft of millions of dollars in COVID-19 relief funds has about $12.4 million in cash in Indian banks, the Star has learned. Combined with his real estate holdings, the ex-bureaucrat, terminated in November from his $176,608-a-year Ministry of Education job has assets worth about $28 million. In an affidavit filed on Dec. 18, Madan said he currently has $6,898,746.50 in the State Bank of India and $1,352.81 in ICICI Bank. Loading... Loading... Loading... Loading... Loading... Loading... The Star has previously reported that investigators are looking into contractors and subcontractors linked to Madan and his associate Singh.

Source: thestar January 26, 2021 23:24 UTC