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    HomeNationalFormer WAPCOS CMD Found with ₹20 Crore Cash by CBI

    Former WAPCOS CMD Found with ₹20 Crore Cash by CBI

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    The Central Bureau of Investigation (CBI) found 20 crore rupees in cash during a raid on the homes of Rajinder Kumar Gupta and his family members. Gupta was the former chairman and managing director of WAPCOS Ltd, a central public sector company. The CBI also filed a charge of owning disproportionate assets against Gupta, his wife, son, and daughter-in-law. The CBI searched 19 different locations in Delhi, Gurugram, Chandigarh, Sonipat, and Ghaziabad and recovered cash, jewellery, other valuables, and incriminating papers.

    The CBI filed a case against Gupta and his family for possessing disproportionate assets between April 1, 2011, and March 31, 2019, far beyond his known sources of income. Gupta allegedly launched a consultancy firm under a Delhi-based private company after leaving the service. Apartments, businesses, and farms allegedly owned by Gupta are located throughout Delhi, Gurugram, Panchkula, Sonipat, and Chandigarh.

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