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UP`s tainted engineer Yadav Singh received at least Rs 100 crore as bribe?
Controversial Noida chief engineer Yadav Singh , facing corruption probe by CBI, is alleged to have pocketed over Rs 100 crore as `undisclosed commission` during his tenure between 2008-14.
New Delhi: Controversial Noida chief engineer Yadav Singh , facing corruption probe by CBI, is alleged to have pocketed over Rs 100 crore as "undisclosed commission" during his tenure between 2008-14.
Singh was arrested by CBI, becoming the second in the case with first one being Project Engineer Ramendra who reported to him, sources said.
They said initial probe shows that according to a conservative estimate, projects of over Rs 2,500 crore were passed by Singh during his tenure of which about an average of five per cent was taken by him as commission.
Late in November 2014, Singh had allegedly signed 1,280 contract bonds amounting to Rs 959 crore within a span of eight days, CBI has alleged in the FIR.
The sources said these are conservative figures which have been arrived at from the statements of Noida staff including some of the officials who were working closely with Singh. The sources said the figures of alleged bribe may increase exponentially.
The officials have told the investigative agencies--Income Tax and CBI--that the commission was allegedly taken by Singh personally which was above other set of bribe amount which percolated down to lowest run of staff, the sources claimed.
Singh is being confronted with such details during his examination in CBI custody, they said.
The sources said although these allegations have emerged in questioning of staff members of Noida, they are being verified independently by CBI which is also trying to connect the money trail and investments made by Singh, his family and his associates in various companies.
They said the agency is going in every contract awarded during the tenure of Singh as chief engineer of Noida, Greater Noida and Yamuna Expressway and beneficiaries of those contracts will be examined by CBI.
Singh is facing two CBI cases--one of corruption involved in giving contracts and the other of amassing properties in his and his family's name which are disproportionate to the known sources of his income, they said.