CBI Court Sentences Former IRS Officer RVL Narasimha Rao and Wife in Disproportionate Assets Case
CBI Court Sentences Former IRS Officer and Wife
The Central Bureau of Investigation (CBI) Court has sentenced Rayabharapu Venkata Lakshmi (RVL) Narasimha Rao, a retired Assistant Commissioner of Central Excise & Customs, and his wife, Rayabharapu Gowri Ratnam, to three years in prison. They were fined a total of Rs two lakh in a disproportionate assets case.
Details of the Case
The CBI registered the case against the couple, alleging that between July 1, 2007, and August 4, 2011, RVL Narasimha Rao, while serving as a public servant, accumulated assets worth approximately Rs 31.20 lakh, which were disproportionate to his known income. His wife, Gowri Ratnam, was accused of abetting the offense by allowing assets to be acquired in her name.
Confiscation of Assets
The Special Judge Court for CBI Cases in Visakhapatnam has ordered the confiscation of properties equal to the disproportionate assets, valued at approximately Rs 27.57 lakh.
Separate Bribery Case
In a separate incident, the CBI apprehended the Zonal Incharge of Mother Dairy's South Zone in Delhi for accepting a bribe of Rs 45,000. The accused had initially demanded Rs 60,000 to not cancel a distributorship but settled for Rs 45,000. The CBI caught the accused red-handed and conducted searches at his premises.
Doubts Revealed
CBI Court
CBI stands for Central Bureau of Investigation, which is India's main investigative agency. A CBI Court is a special court that handles cases investigated by the CBI.
IRS Officer
IRS stands for Indian Revenue Service. IRS officers are responsible for collecting and managing taxes in India.
Disproportionate Assets
Disproportionate assets mean having more money or property than what one can explain based on their known income. It usually suggests illegal or corrupt activities.
Confiscation
Confiscation means taking away someone's property by authority, usually because it was obtained illegally.
Mother Dairy
Mother Dairy is a well-known company in India that sells milk and other dairy products. It is owned by the National Dairy Development Board.
Bribe
A bribe is money or a gift given to someone to make them do something dishonest or illegal. In this case, it was money given to not cancel a distributorship.
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