The Indian Express ·
Rs 80 lakh of diverted CREST funds used to buy Goa property: CBI
A company linked to the wife of Navneet Kumar Srivastava, an Indian Forest Service (IFS) officer and former CEO of the Chandigarh Renewable Energy and Science and Technology Promotion Society (CREST), allegedly used Rs 80 lakh out of the Rs 95 lakh funds diverted from CREST to purchase immovable property in Canacona, Goa, the Central Bureau of Investigation alleged in a recent chargesheet filed before a Special CBI court in Chandigarh on September 11.
The agency further alleged that Vipam Consultancy Pvt Ltd, of which Srivastava’s wife Anupam is a director and holds 95 per cent shares, had “no genuine business dealings” with CREST.
The CBI filed chargsheet against Navneet Kumar and Anupam Srivastava in connection with their probe into the alleged misappropriation of Rs 75.4 crore from CREST, alleging “criminal conspiracy to divert public funds”.
