A Peon for 30 Years, He has Six Houses, Two Luxury Cars and More

Mangalore Today News Network

Gwalior, Sep 02, 2014:  For 30 years, Kuldeep Yadav has been a peon at a bank in Madhya Pradesh. This morning, raids at three of his six homes in Gwalior revealed assets worth Rs. three crore and counting.

 

Mr Yadav, who is in his 40s, has worked at the Cooperative Bank since 1983, without a single promotion. His quiet presence apparently concealed wealth that could leave the top executive in his bank in the shade.

In raids that began at 3 am this morning, the Lokayukta or anti-corruption police have found documents for a duplex bungalow, five big houses, two luxury cars, cash, jewellery and bank lockers.

His homes were raided after an anonymous complaint.

By the time the raids end this evening, officials expect Mr Yadav’s wealth estimate to go up.

The police said at a salary not more than Rs. 20,000 a month, Mr Yadav couldn’t possibly have made more than Rs. 15 to 17 lakhs in three decades, unless large-scale corruption is involved.

 

Courtesy: NDTV