CBI recovers 17 kgs gold, ₹1.5 cr cash from ex-railways officer in Bhubaneswar

In Bhubaneswar, the Central Bureau of Investigation (CBI) reported that a former Indian Railway Traffic Service (IRTS) officer had 17 kg of gold worth 9.5 crore rupees and 1.57 crore rupees in cash in his possession.

CBI recovers 17 kgs gold, ₹1.5 cr cash from ex-railways officer in Bhubaneswar

In Bhubaneswar, the Central Bureau of Investigation (CBI) reported that a former Indian Railway Traffic Service (IRTS) officer had 17 kg of gold worth 9.5 crore rupees and 1.57 crore rupees in cash in his possession.


The federal agency charged Pramod Kumar Jena, an IRTS officer from the 1987 class who resigned in November of last year, with acquiring assets out of proportion to his known sources of income.

"In an ongoing investigation into a case against Jena (who was assigned as Principal Chief Operation Manager, East Coast Railway, Bhubaneswar) for possession of suspected disproportionate assets, the CBI has undertaken searches and locker operations. A total of 1.57 crore in cash, 3.33 crore in postal savings and bank FDs, 1.51 crore in bank balance, 47.75 lakh in mutual funds, 17 kg of gold jewelry (worth about 9.5 crore), and documents pertaining to real estate were discovered in the premises and bank lockers of the accused and others, including family members and relatives, according to CBI spokesperson RC Joshi.

Between April 1, 2005 and March 31, 2020, it is alleged that Jena obtained disproportionate assets of 1.92 crore in his and his family members' names.


Tuesday saw raids in Bhubaneswar, Kolkata, and Jagatsinghpur (both in the state of Odisha).

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