SHIMLA: The Central Bureau of Investigation (CBI) has registered a case against a former Sales Officer of Indian Oil Corporation Limited (IOCL), Noida Division, on charges of possessing assets disproportionate to known sources of income.
The action comes after a detailed inquiry into allegations of financial irregularities and unexplained wealth accumulation.
According to sources, the CBI conducted searches at multiple locations linked to the accused, including residential and official premises.
The raids led to the recovery of crucial documents, electronic evidence, and details of bank transactions suspected to be linked to the case. Officials are now scrutinizing the records to assess the full extent of the alleged financial misconduct.
The investigation aims to determine whether the assets were acquired through illicit means and if others were involved in facilitating the alleged corruption. More details are expected to emerge as the probe progresses.
