CHANDIGARH: A special CBI court on Wednesday held an Income Tax (I-T) officer guilty in a 2013 corruption case. The court will pronounce the quantum of sentence on Thursday.
Rakesh Jain was arrested for allegedly taking a bribe of Rs 50,000 from a local businessman in Sector 20 on February 6, 2013. His mother Kant Jain was also an accused in the case but had died during the trial. Another case of money laundering against Jain and his wife Suneet Jain is going on in the court of district and sessions judge.
The CBI had laid a trap on the complaint of Ashok Arora, a resident of Sector 20, at the house of Jain in Sector 22. Arora, who owns a real estate company in Sector 22, was served a notice by the I-T department. At the I-T office, Arora met Jain, who offered to sort out the matter for Rs 3.5 lakh. The deal was finalised for Rs 2.5 lakh. Arora went to Jain's house to pay the first instalment of Rs 50,000.
The CBI had also recovered a brick of gold weighing 1 kg in addition to gold coins and jewellery weighing 500 grams and Rs 15 lakh from Jain's locker in the Sector 17 branch of Bank of Baroda and another locker in the Sector 22 branch of State Bank of Patiala. In addition, two gold bricks weighing 1 kg each worth Rs 60 lakh were recovered from his house. A sum of Rs 24 lakh was also recovered from the house. The total amount of gold and cash recovered from the accused's possession had touched Rs 1.5 crore.
Rakesh Jain was arrested for allegedly taking a bribe of Rs 50,000 from a local businessman in Sector 20 on February 6, 2013. His mother Kant Jain was also an accused in the case but had died during the trial. Another case of money laundering against Jain and his wife Suneet Jain is going on in the court of district and sessions judge.
The CBI had laid a trap on the complaint of Ashok Arora, a resident of Sector 20, at the house of Jain in Sector 22. Arora, who owns a real estate company in Sector 22, was served a notice by the I-T department. At the I-T office, Arora met Jain, who offered to sort out the matter for Rs 3.5 lakh. The deal was finalised for Rs 2.5 lakh. Arora went to Jain's house to pay the first instalment of Rs 50,000.
The CBI had also recovered a brick of gold weighing 1 kg in addition to gold coins and jewellery weighing 500 grams and Rs 15 lakh from Jain's locker in the Sector 17 branch of Bank of Baroda and another locker in the Sector 22 branch of State Bank of Patiala. In addition, two gold bricks weighing 1 kg each worth Rs 60 lakh were recovered from his house. A sum of Rs 24 lakh was also recovered from the house. The total amount of gold and cash recovered from the accused's possession had touched Rs 1.5 crore.
Get the app