The Punjab Vigilance Bureau (VB) has arrested Punjab Police AIG Ashish Kapoor, a PPS officer, for illegally creating immovable and movable costly properties past his identified sources of revenue in Chandigarh and Mohali cities over the last 5 years. A corruption case has been registered in opposition to him and his spouse, Kamal Kapoor, after the allegations of buying unaccounted property have been confirmed in a vigilance enquiry.
Accused Ashish Kapoor was introduced from Central Jail Patiala on a manufacturing warrant and offered within the Mohali court docket. The Vigilance Bureau has been granted a three-day police remand for additional questioning.
Disclosing this right here on Wednesday, a spokesperson of the VB said that FIR quantity 21, dated May 30, 2023, has been registered in opposition to the mentioned police officer and his spouse Kamal Kapoor beneath Section 13 (1) (b), 13 (2) of the Prevention of Corruption Act, and beneath Section 120-B of the IPC on the VB police station, flying squad-1, Punjab, Mohali.
The spokesperson knowledgeable that throughout the investigation, it was found that between August 1, 2017, and August 31, 2022, the accused had acquired unaccounted costly immovable and movable property in his identify and his spouse Kamal Kapoor in Chandigarh and Mohali cities, which had a market worth a lot larger than the registered worth. It is price mentioning that this police officer had served in varied districts of Punjab and the jail division in addition to Vigilance Bureau.
Giving additional particulars, the spokesperson talked about that in 2020, Ashish Kapoor bought a residential nook plot, Plot Number 2010, measuring 507.5 sq. yards, in sector-88, Mohali, for Rs. 90, 16, 100. On the mentioned plot, an opulent two-storied home with fashionable facilities was constructed between 2020 and 2022 at an estimated price of Rs. 2, 00, 00, 000. Similarly, in 2022, he purchased a residential plot, Plot Number 397, in ‘The Palm’ colony, New Chandigarh, Mohali, measuring 241.11 sq. yards, for Rs. 34, 13, 663. Additionally, a three-room flat, House Number 2021 in Block Number-B of Sector 63, Chandigarh, was bought for Rs. 20, 41, 65, 400.
Furthermore, it was revealed that Ashish Kapoor’s spouse holds a 1/3 share in an organization known as ‘Laavin Packaging Private Limited, ‘ with an funding of Rs. 15, 00, 000. Ashish Kapoor had additionally spent lakhs of rupees on overseas journeys together with his household and led an opulent way of life. Additionally, throughout the investigation interval, round 10 financial institution accounts have been discovered current within the names of Ashish Kapoor, Ashish Kapoor & Sons (HUF), and his spouse Kamal Kapoor, with deposits totaling roughly Rs. 65, 00, 000.
Based on the mounted investigation interval, it was found that Ashish Kapoor, Ashish Kapoor & Sons (HUF), and his spouse Kamal Kapoor had a complete revenue of Rs. 2, 44, 64, 871 from their all identified sources, whereas their whole expenditure throughout the identical interval amounted to Rs. 5, 60, 91, 650. Thus, that they had spent Rs. 3, 16, 26, 779 extra, which accounted for 129.3 p.c of their whole revenue. On the idea of the proof obtained throughout the mentioned investigation, the Bureau has registered a corruption case in opposition to him and his spouse arrested the officer. Further investigation on this case was beneath progress, he added.