Lokayukta police on Wednesday raided a private firm that had ‘suspicious transactions’ with IAS officer Kapil Mohan’s father’s firm PSK Finance Pvt. Solutions.
Lokayukta police probing the disproportionate assets case against Mr. Kapil Mohan conducted searches at the offices of the private firm Gemini Stocks and Shares which had given Rs. 1.75 crore in 2014 as debt to PSK Finance Pvt. Solutions, in which Mr. Kapil Mohan’s father Naresh Mohan is a director.
Lokayukta police sources say that what was intriguing was that the promoters of Gemini Stocks and Shares also owned another firm Disha Power, which had acquired the contract for eight micro-hydel projects during Mr. Kapil Mohan’ tenure as managing director of Karnataka Renewable Energy Development Board.
Lokayukta cops are probing whether prima facie a corruption case can be made against Mr. Mohan. Lokayukta police sources said that they have questioned the promoters of Gemini Stocks and Shares, Naveen Prabhudev Patil and Usha Patil, regarding the transactions.
ED seeks details
Meanwhile, the Enforcement Directorate (ED) in a letter to the Lokayukta police has sought details of the money and documents recovered from a flat in Yeshwanthpur, which triggered multiple cases against Kapil Mohan. Sources said ED is considering to initiate a probe under the Prevention of Money Laundering Act into the case.
Tipped-off about a stash of money and gold in the flat, CID and IT officials raided it and seized Rs. 4.37 crore, 2.5 kg of gold ornaments and various property documents.
