Bhubaneswar: Vigilance sleuths arrested Bijay Kumar Udaysingh, a Junior Manager at Industrial Infrastructure Development Corporation (IDCO) for possessing disproportionate assets.
As per reports, on receiving allegations against Udaysingh of amassing disproportionate assets (DA), Vigilance on Wednesday carried out simultaneous searches at the property linked to him.
The raids revealed that Udaysingh owned a four-story palatial building valued at over Rs. 3.22 crores, a flat, three high-value plots, deposits exceeding Rs. 55.5 lakhs, and cash totalling Rs. 4.5 lakhs for which he could not provide a satisfactory account.
Udaysingh will be produced in court to face charges related to possessing disproportionate assets soon, revealed vigilance sources.