Joint Commissioner of Central Excise awarded 3 years RI for Corruption
AIT News Network
MADURAI. Corruption in IRS has taken its toll with CBI Court convicting and awarding three year Rigorous Imprisonment and Rs.50,000/- fine to Joint Commissioner of Central Excise, V.Jayaraman for possessing assets disproportionate to known sources of income. The Special Judge for CBI cases, Madurai also awarded one year Rigorous Imprisonment each to his wife, Smt. Waheed Jayaraman and his father, P.Velu for abetting him in acquiring the properties.
††††††††††††††† CBI in its FIR had alleged that Shri V. Jayaraman, during the period 1998 -2004 Joint Commissioner acquired four properties including three houses, two cars, FDs, shares, bank balance. etc. worth Rs.60.02 lakh which he could not satisfactorily explain and was thus living beyond known sources of income. The properties were acquired in the names of V. Jayaraman, as well as his wife and father. The IRS Officer was found to be in possession of disproportionate assets to the tune of Rs.45.62 lakh. He had acquired two of the houses showing lower value in the documents while as per evidence collected it was found that the actual value was much higher. It was also found by CBI that his wife, Smt. Waheeda Jayaraman and his father, Shri P. Velu had abetted Jayaraman in acquiring these properties.
††††††††††††††† After trial, the CBI Court found the Joint Commissioner and his family members guilty of the offence of corruption and convicted them.
††††††††††††††† IRS Officers command a dowry of Rs 1 to 2 Crore as the brideís parents eye the lifestyle to be enjoyed by the bride after marriage but after such incidents the market rate of IRS Probationers is going to come down as even their wives can be charged by CBI for abetting in corruption and will also have to share prison with them in case of a CBI raid.