New Delhi: The Central Bureau of Investigation (CBI) on Thursday searched the premises of former Finance Secretary Arvind Mayaram in connection with an alleged corruption case.
A CBI official while speaking with ANI said that “CBI has received complaints against former Finance secretary Arvind Mayaram in connection with irregularities in awarding the tender for currency printing,”.
The official further added that they cannot comment on the details as the investigation related to the case is underway.
According to the complaint copy against Mayaram, “A complaint dated February 14, 2017, was received from Raj Kumar, Joint Secretary & CVO, Department of Economic Affairs, Ministry of Finance, North Block, New Delhi.”
CBI has registered cases against unknown officials of the finance ministry and private persons, including former finance Secretary under several sections of criminal conspiracy, cheating and abuse of official positions.
The CBI FIR added that “The competent authority of Department of Economic Affairs, Ministry of Finance, Govt. of India, New Delhi has approved us 17(A) of PC Act, 1988 (as amended in 2018) for conducting investigation against Sh. Arvind Mayaram, the then Secretary, Department of Economic Affairs, Ministry of Finance, Govt. of India, under Section 120-B r/w 420 of Indian Penal Code (IPC) and Section 13(2) r/w 13(1)(d) of the Prevention of Corruption Act, 1988,”.
It further said in an FIR that an inquiry revealed that the Exclusivity Agreement was signed by PK Biswas, Executive Director, RBI without verification of the Patent Claim of M/s De La Rue.
The inquiry has also revealed that the contract agreement did not have any termination clause. The inquiry further revealed that despite non-possession of patent by M/s De La Rue the contract agreement of M/s De La Rue was extended from time to time till December 31, 2012.
The inquiry further revealed that Arvind Mayaram, Secretary, DEA, on June 23, 2013, approved another three years extension of an expired contract to M/s De La Rue.
(With Agency Inputs)
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