//Daya Nayak III

Daya Nayak III

The shocking story of yet another corrupt police officer. His worth? An estimated Rs 3 crore. His salary? Rs 12,000 per month

Ashish Khetan, Mumbai Mirror, February 03, 2006

While Daya Nayak fights a court battle for allegedly amassing disproportionate assets and Nayak II, inspector Rajesh Dhanawade, is busy playing builder in upmarket Worli, the Anti-Corruption Bureau (ACB) has just hit upon Daya Nayak III.

An ACB probe has found that inspector Baban Shiv Ram Kadam, with a monthly salary of Rs 12,000, has accumulated assets worth Rs 2.99 crore. Of this, Rs 2.70 crore have come from his role as ‘collector’ in the Maharashtra Public Service Commission (MPSC) scam, the report has said while recommending his summary dismissal under Article 311 of the Constitution and the filing of an FIR for disproportionate assets. Kadam, who joined the police force as a constable in 1970 and became inspector only in 2001, has been under suspension since 2002 for his role as ex-MPSC chairman S D Karnik’s conduit in the scam.
According to the ACB inquiry report, submitted to its Director General J D Virkar in July 2005, Kadam has several properties in and around Mumbai. He owns a bungalow opposite Mangal Murti Hospital in Gorai in Borivli, which is worth Rs 55 lakh. The bungalow is in the name of his wife Jaya. He has two MHADA plots in the same area — number 9 and 15 — together valued at Rs 14 lakh.

He also has 22 unauthorised galas (units) and three chakkis (grinding mills) in Dahisar.

Outside Mumbai, he has property worth Rs 10 lakh in Phoros village in Chiplun, where he has built a shrine for his mother, and agricultural land worth Rs 16 lakh in Mojedevanabe village in Khalapur in Raigad district.

Stating that the total earnings of Kadam and his wife, who works with the Reserve Bank of India, should not exceed Rs 39 lakh, the report notes that he has stashed away some of his ill-gotten wealth — Rs 46 lakh — in Mantralaya’s very own Co-operative Credit Bank. He has a total deposit of Rs 1.05 crore with HDFC, IDBI, IFCI and UTI banks, a fixed deposit of Rs 30 lakh with Chiplun post office and of Rs 17 lakh with the Gorai branch of Mumbai District Co-operative Bank. Besides, he has Rs 6.5 lakh in his savings account with the Bank of Maharashtra’s Mahalakshmi branch.

Police commissioner A N Roy was unavailable for comment on the status of the investigation against Kadam.