An Andhra Pradesh-based postal assistant earning Rs 12,000 a month has come under the CBI scanner for illegally getting transferred Rs 58 lakh to his account and using the money from repayment of loans and other expenditure.
The probe agency has started investigation into the case of disproportionate assets by questioning East Godavri district resident Chintakrinda Venkata Satish, postal assistant, Amalapuram divisional office, and his friend Oruganti Manikanta, who assisted him in the conspiracy between March 2022 and January 2023.
The CBI FIR said that its Vishakhapatnam unit received an information that Satish had allegedly amassed assets to the tune of Rs 58,15,144 which were disproportionate to his known sources of income.
During initial verification of the allegations, CBI officials found that Satish entered into criminal conspiracy with his friend Manikanta and in pursuance of the said criminal conspiracy he illegally got transferred the illegally earned money to the bank account of Manikanta.
Subsequently, Satish got transferred the said amount to his own account and to the accounts of others and thus enriched himself. Information revealed that Satish received huge credits in his bank account other than his legal sources of income. Then, he utilised these funds towards repayment of the loans and other expenditure etc. Thus, during the period between March 1, 2022 and January 20, 2023, Satish accumulated assets to the tune of Rs. 58,15,144, which were disproportionate to his known sources of income.
As part of the investigations, CBI officials have started questioning postal staff members who were working with Satish. Investigators are also trying to track the source of the money illegally received by him before being spent by him on his loan repayment.
All angles are being explored, said a CBI official, hinting that they will look at a possible money diversion from other postal accounts by Satish.