//Choutala's property worth over Rs 1400 crore

Choutala's property worth over Rs 1400 crore

CBI raids six residential premises of Chautala

Press Trust of India,  Chandigarh, May 4, 2006

CBI on Thursday conducted raids at 24 places across six states and union territories against former Haryana Chief Minister Om Prakash Chautala for allegedly amassing property worth over Rs 1400 crore.

The raids were carried out after the CBI registered a case against Chautala, his family members and other 'unknown persons' accusing him of for amassing assets disproportionate to his known sources of income during the period from July 1999 to March 2005, official sources said.

The list of properties allegedly belonging to Chautala or his family members include three plots in Gurgaon Phase V worth Rs 150 crore, a hotel and a restaurant in upmarket Karol Bagh worth Rs 150 crore, a shopping mall in Karol Bagh worth Rs 180 crore, a plot on Ring Road worth Rs 120 crore and a plot again in Karol Bagh worth Rs 55 crore, the CBI's FIR alleged. It lists the value of all the properties at Rs 1467 crore.

During the searches, the CBI also recovered arms licences for 17 weapons from a farm house in Mehrauli and the agency would verify them before registering yet another case under arms act against Chautala, the sources said.

Chautala and his son Ajay were at present in the United States. Ajay said that they had no knowledge about the CBI searches and that he would return home shortly in the wake Thursday's CBI raids.

Chautala had in the past maintained that whatever properties he and his sons owned had been disclosed in their income tax returns and in the affidavits filed during elections. He had said whatever properties CBI finds as their's during the raids, it could keep them with it.