Case for illicit wealth against CEO of Iron and Steel Market - News Summed Up

Case for illicit wealth against CEO of Iron and Steel Market


The Anti-Corruption Bureau today registered a case of possession of disproportionate assets against the chief executive officer of the government-run Kalamboli Iron and Steel Market in Navi Mumbai. A case under the Prevention of Corruption Act was registered at Kalamboli police station against Vikas Rasal, a senior government official. Searches revealed that Rasal's assets were worth Rs 14.39 crore, 208 percent more than his known sources of income. Kalamboli steel market yard -- a wholesale market for steel and iron -- is governed by the Mumbai Metropolitan Region Development Authority, a state government agency. (This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)


Source: dna August 14, 2017 17:48 UTC



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