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December 11, Monday 2017 10:58 AM       

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       CITYNEWS Next Article: SHRC wants illegal quarries closed  
       Assets case against K M Abraham quashed
 
         Posted on :09:21:06 Nov 29, 2017
   
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       Last edited on:09:21:06 Nov 29, 2017
         Tags: assets case, K M Abraham, quash
 

THIRUVANANTHAPURAM: An anti-corruption court here invalidated the petition that Chief Secretary K M Abraham had amassed a fortune far beyond his known sources of income.

Inquiry Commissioner and Special Judge, VACB, D Ajith Kumar upheld the agency’s submission that its investigations had turned up no evidence to suggest that Abraham had amassed ill-gotten wealth.

C C Augustine, Additional Legal Adviser, VACB, told the court that Abraham had bought his flat in Mumbai from the proceeds of his legitimate income as chairman of the Securities and Exchange Board of India.

The Income Tax Department had cleared the purchase in 2008. The bureaucrat had raised a housing loan for his flat in Thiruvananthapuram.

The allegation that Abraham had constructed a three-storey apartment at Kadapakkada in Kollam using illegally acquired wealth was a condemnable lie.

Abraham co-owned the inherited plot with his two brothers, both highly paid doctors employed abroad. His siblings had transferred the money to construct the apartment to their mother’s account. They also gave Abraham the power of attorney to use the money after the three entered into a legal agreement.

The court rejected de-facto complainant Joemon Puthenpurackal’s contention that the Vigilance had arbitrarily selected 2000-09 as the check period to help  Abraham.

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       CITYNEWS
Next Article: SHRC wants illegal quarries closed
 
 
CITYNEWS HEADLINES
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Cyclone Ockhi: Southern Naval Command continues search and rescue  
Rahul to visit Ockhi-hit Kerala villages  
Three fishermen discharged from MCH  
Man held for bid to abduct child  
Thirteen fishermen discharged  
Case against eight RSS workers  
Sporadic violence in Kasaragod  
Cyclone 'Ockhi' toll rises to 32 in state  
Probe begins into death of brothers  
TDB moots VACB probe  
SET on February 25  
Ensure timely payment of relief: CM  
Three found dead  
Two bodies identified  
No load-shedding or power cut: Mani  
Fishermen join IAF mission  
Cyclone Ockhi: 25 rescued from Lakshadweep, 13 from sea coast  
 
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