IPS officer worth Rs 250 cr

IPS officer worth Rs 250 cr?

BANGALORE: The Lokayukta on Wednesday raided the residences of five officials, including an IPS officer Hemanth Nimbalkar, and unearthed assets worth Rs 5.17 crore.

The Lokayukta believes that Hemanth Nimbalkar has strong political connections with a prominent politician from Maharashtra.

During the raids, Lokayukta seized property worth Rs 76 lakh but the agency suspects that Nimbalkar is having property worth nearly Rs 250 crore. Lokayukta chief Justice Santosh Hegde said that raids are being continued to unearth more properties.

Nimbalkar had previously worked as superintendent of police in Belgaum and Chikamagalur. He was recently transferred to Mandya but declined to accept the posting.

The raids were conducted in five districts, and for the first time Lokayukta conducted searches in a neighbouring state.

H emanth Nimbalkar is having two flats in Dadar East, Mumbai, in the name of his wife. The agency estimated the cost of two flats at Rs 75 lakh. But Hegde felt that the worth of the flats to be more than the current estimation.

The Lokayukta chief said that they received calls from Delhi and Mumbai after raiding Nimbalkar’s properties. “The callers said that his assets exceeded Rs 250 crore.” Hegde said that Nimbalkar had Rs 25 lakh income since joining service in 1998.

Nimbalkar is also said to have invested huge amount of money in business and real estate through his associates. “A few of his friends have been interrogated and we have got some information about his benami investment.” The Lokayukta also conducted raids on the residences of four other government officials and property and assets worth crores were unearthed.

Source : Express News Service
First Published : 19 Mar 2009 04:45:00 AM IST
Last Updated : 19 Mar 2009 11:56:15 AM IST
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