This Article is From Jan 11, 2015

Top Income Tax Official, Chartered Accountant Held By CBI on Graft Charge in Chennai

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Chennai: A Joint Commissioner of Income Tax Department and a Chartered Accountant were today arrested here by CBI on charges of receiving and offering a bribe of Rs eight lakh respectively for an official favour.

A CBI release here tonight said Joint Commissioner Sallong Yaden was held while 'receiving' the bribe amount from Shreyans Bhandari of SH Bhandari and Co, Chartered Accountants.

Yaden had allegedly demanded and accepted the bribe for giving a 'favourable' report on the Income Tax search conducted on a city-based private company, it said.

CBI has registered a case under IPC and Prevention of Corruption Act, 1988 against Yaden, Hitesh Kawad, Managing Director of M/s SPR and RG Constructions, Sanjay Bhandari of SH Bhandari and Co and Shreyans Bhandari, it said.

Searches were conducted at nine places in Chennai and also at a few places outside when CBI found "several documents, files relating to the questioned assessments, computers, laptops, cellphones, huge cash, huge quantities of gold jewellery and silver bars", it said, adding the exercise was continuing.

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