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The Hindu
The Hindu
National
Devesh K Pandey

CBI arrests former CMD of Water and Power Consultancy Services and his son on graft charge

The Central Bureau of Investigation (CBI) has arrested former Water and Power Consultancy Services (India) Limited chairman-cum-managing director (CMD) Rajinder Kumar Gupta and his son for allegedly amassing wealth disproportionate to known sources of income.

The agency has so far seized about ₹38.38 crore in cash, fixed-deposit receipts, keys of bank lockers and details of accounts in various banks.

On May 2, the agency initiated the searches at multiple locations in Delhi, Gurugram, Chandigarh, Sonipat and Ghaziabad, after registering the case against Mr. Gupta, his wife Reema Singal, son Gaurav Singal, and daughter-in-law Komal Singal.

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