Valmiki Corporation fraud: Alleged perpetrator behind fake account arrested
Hyderabad: In a significant development, the Special Investigation Team (SIT) officials have apprehended the individual allegedly responsible for opening a fraudulent account linked to the Valmiki Corporation embezzlement case. Identified as Satyanarayana Verma, the accused was taken into custody in Hyderabad after being found to have initiated 18 bank accounts under various company names.
Reportedly, funds from Valmiki Corporation were illicitly channeled into all 18 bank accounts associated with the arrested individual. During the operation, authorities seized a substantial amount of evidence, including 16 kilograms of gold and ₹10 crores in cash.
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The SIT officials will be transporting Satyanarayana Verma to Bengaluru for further legal proceedings.
The embezzlement case pertains to the unauthorized transfer of ₹94.73 crores into 18 accounts linked to Valmiki Corporation. Following the detection of these suspicious transactions, the state government constituted an SIT to conduct a thorough investigation.
Notably, former Managing Director Padmanabha, Accountant Parasuram, and Nagaraj Nekkunti who is said to have close connection with Minister B. Nagaraj, Nageshwar Rao have all been arrested by the SIT in connection with this case.
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Delhi court sentences CBI joint director to 3 months' imprisonment in IRS officer assault case
New Delhi (PTI): A Delhi court has sentenced two CBI officers to three months' imprisonment for assaulting and trespassing into the residence of an Indian Revenue Service (IRS) officer during a raid over two decades ago.
Judicial Magistrate Shashank Nandan Bhatt was hearing the arguments on the sentence against the convicted retired police officer V K Pandey and Ramneesh, who was serving as a superintendent of police when the raid was conducted in 2000.
Ramneesh is at present a joint director at the Central Bureau of Investigation (CBI).
The court also fined Rs 50,000 each to both the accused.
Both were accused under IPC sections 323 (voluntarily causing hurt), 427 (mischief) and 448 (criminal trespass) in a complaint filed by IRS officer Ashok Kumar Aggarwal.
The case pertained to an incident on October 19, 2000, when a CBI team carried out a search and arrest operation at Aggarwal's residence in Paschim Vihar.
Aggarwal alleged that the officials forcibly entered his house in the early hours, assaulted him and violated legal procedures during the arrest.
#WATCH | Delhi | Former IRS officer assault case. | Tis Hazari Court sentenced CBI joint director Ramneesh and Retired ACP Vivek Pandey to 3 months sentence in an assault case filed by former IRS officer Ashok Agarwal. The court has granted them bail to challenge the judgment.… https://t.co/RwAxjMrWDK pic.twitter.com/2FlkG4rDs0
— ANI (@ANI) April 28, 2026
