PWD engineer gets his assets back
Seventy-two-year-old B Sreenivasa, a retired PWD (public works department) official, was a happy man on Wednesday. After suffering for 14 years, he got the good news of getting back his assets, which were seized by the Lokayukta police in 2000 and handed over to the state treasury. Acquitted, but his assets remain blocked
The assets include 34 gold and silver articles likegold bangles , bracelets , mangalsutra , pendants , gold idols , and silver idols , Rs1 lakh cash, and 7 FDs (fixed deposits) worth over Rs 10 lakh seized and not renewed for 14 years.
Though acquitted in January 2013 by Lokayukta special court judge N K Sudheendra Rao, his assets were not released even 9 months after acquittal. Bangalore Mirror had reported on the delay on Sept 20, 2013 (‘Acquitted but assets remain blocked’.) On Wednesday, Lokayukta police sent him a notice to appear before the court to receive the seized assets. Sreenivasa's identity was ascertained by the Lokayukta judge V G Bopaiah, who posted the case to August 27 for handing over of the assets from treasury to Sreenivasa.
“As even the fixed deposits have not been renewed for 14 years, he can claim damages from the government, as he has been acquitted by court. It is for him to decide. However, the Lokayukta police action is welcome as the family, which had the property, will get it at least now ,” C G Sunder, Sreenivas’s advocate, said.
The assets include 34 gold and silver articles like
Though acquitted in January 2013 by Lokayukta special court judge N K Sudheendra Rao, his assets were not released even 9 months after acquittal. Bangalore Mirror had reported on the delay on Sept 20, 2013 (‘Acquitted but assets remain blocked’.) On Wednesday, Lokayukta police sent him a notice to appear before the court to receive the seized assets. Sreenivasa's identity was ascertained by the Lokayukta judge V G Bopaiah, who posted the case to August 27 for handing over of the assets from treasury to Sreenivasa.
Lokayukta police had raided Sreenivasa, then engineer-in-chief of PWD, just three months short of his retirement on charges of amassing wealth disproportionate to his known sources of income in the year 2000.
“As even the fixed deposits have not been renewed for 14 years, he can claim damages from the government, as he has been acquitted by court. It is for him to decide. However, the Lokayukta police action is welcome as the family, which had the property, will get it at least now ,” C G Sunder, Sreenivas’s advocate, said.
