New Delhi, 3rd May 2023: The Central Bureau of Investigation (CBI) has arrested a former CMD of WAPCOS and his son in a Disproportionate Assets case.

During searches conducted so far, cash of Rs.38.38 Crore(approx), FDRs, keys of bank Lockers and details of accounts in various banks have been recovered from the premises of accused.

A case was registered against former CMD, Water and Power Consultancy Services (India) Limited (WAPCOS, a Govt of India Undertaking under Ministry of Jal Shakti) and his family members on the allegations that the accused during the tenure from 01.04.2011 to 31.03.2019 had possessed disproportionate assets way beyond his known sources of income.

Searches were conducted yesterday at multiple locations across Delhi, Gurugram, Chandigarh, Sonipat & Ghaziabad at the premises of accused.

Name of the arrested accused:-

Rajinder Kumar Gupta, former CMD of WAPCOS and his son Gaurav Singal