A corrupt Odisha engineer operated bank accounts in the name of his late mother-in-law

Value of property acquired by Ashish Kumar Dash has now exceeded ₹9 crore, according to Vigilance Directorate

Value of property acquired by Ashish Kumar Dash has now exceeded ₹9 crore, according to Vigilance Directorate

A superintendent engineer in Odisha who was caught in possession of ₹1.40 crore in cash was found operating two bank accounts in the name of his deceased mother-in-law.

The value of the property acquired by Ashish Kumar Dash, former Superintendent Engineer of Malkangiri Rural Works, has now exceeded ₹9 crore, according to Odisha Vigilance management.

While most corrupt officials invest in the real estate sector, Mr Dash had acquired silver and gold, a vigilance officer said.

“The chief engineer confessed that he was managing two bank accounts in the name of his mother-in-law who died in 2010. In a bank, the corrupt official had deposited ₹64 lakh on 16 occasions in a savings account opened in the mother-in-law’s name in 2020 — 10 years after her death,” the Vigilance Department said.

Mr. Dash revealed that to avoid scrutiny, he limits cash deposits to ₹1.98 lakh (less than ₹2 lakh) in most cases.

The agency said a savings bank account had never been terminated, even after the death of her mother-in-law. Most transactions in two accounts were done online.

Benami Accounts

The engineer managed to open benami bank accounts in the names of 10 different people who were his servants, guardians of his farmlands and others.

“We now estimate how much money was processed through 10 benami accounts. Many people are unaware that bank accounts have been opened in their name,” an investigator said.

He said “it is very difficult to know who is depositing money into an account. We scrutinize every little transaction that leads us to another benami account. »

The engineer has so far deposited a premium of ₹60 lakh in different insurance schemes. He bought gold weighing 2.55 kg.

According to the vigilance department, a team of experts from the finance branch including a banker and an accountant verifies all the investments of the benami and the value of the disproportionate assets is likely to increase further.

Earlier, investigators discovered 18 fixed deposits in different accounts of Malkangiri branch of a bank in which ₹78 lakh was deposited from March 18, 2021 to February 10, 2022.

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