https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

CBI Launches Extensive Search Operation in Disproportionate Assets Case Involving IRS Santosh Karnani

The CBI has alleged that Karnani, along with his wife Aarti Karnani, illicitly acquired assets far beyond their legitimate income.
Indian Masterminds Stories

Jaipur, Ahmedabad, Gandhinagar: The Central Bureau of Investigation (CBI) carried out a series of raids on Thursday at 11 locations across Jaipur, Ahmedabad, and Gandhinagar in connection with an ongoing investigation into a disproportionate assets (DA) case involving Santosh Karnani, a 2005-batch Indian Revenue Service (IRS) officer and former Additional Commissioner of Income Tax.

The CBI has alleged that Karnani, along with his wife Aarti Karnani, illicitly acquired assets far beyond their legitimate income. Searches were conducted at the residential and office premises of the accused officer and several of his associates.

Allegations of Illicit Enrichment

According to the CBI FIR, Santosh Karnani and his wife are accused of possessing unexplained assets worth Rs 1.31 crore, which is a staggering 156.24% more than their declared legal income. Investigators believe that the couple accumulated wealth by exploiting their official positions, with illicit funds being invested in properties across Jaipur, Ahmedabad, Gandhinagar, and Mumbai.

The agency further alleges that Aarti Karnani actively abetted in acquiring these properties. The ongoing investigation includes a search and seizure operation aimed at uncovering incriminating documents and digital evidence linked to the accused.

Search and Seizure Operation

The CBI’s operation included raids at multiple locations including residential homes and offices. As per CBI officials, several documents and digital devices have already been seized from the premises of the accused. Investigators are continuing their efforts to unearth additional evidence and trace further financial irregularities.

A CBI spokesperson stated, “The ongoing searches are part of a comprehensive investigation into the financial activities and asset accumulation of the accused couple.”

Background and Prior Investigations

Santosh Karnani’s name first came under scrutiny in October 2022, when the Gujarat Anti-Corruption Bureau (ACB) raided his office at the Income Tax Department in Ahmedabad. Karnani allegedly created a ruckus during the proceedings and managed to escape, which raised suspicions about his involvement in corrupt practices. The CBI later took over the case from the ACB.

In September 2023, the CBI filed an additional FIR against Karnani concerning his alleged involvement in a Rs 30 lakh bribery case. The CBI claims that Karnani provided confidential information to a builder to help him win a case at the Income Tax Appellate Tribunal (ITAT) in exchange for land at a significantly reduced price.

Further investigations revealed that Karnani’s wealth had grown considerably under questionable circumstances, prompting the initiation of the disproportionate assets investigation.

Ongoing Investigation

The CBI is scrutinizing the financial transactions and property records associated with the accused to uncover the full scope of the alleged corruption. The agency is actively pursuing leads and gathering more evidence to understand the extent of the illicit wealth accumulation and its connection to Karnani’s official duties.

This case highlights the CBI’s continued efforts to tackle corruption within the Indian Revenue Service, with a focus on identifying and prosecuting officials who have misused their positions for personal gain.

This operation comes as part of the CBI’s wider crackdown on financial irregularities involving high-ranking public officials, showcasing the agency’s commitment to upholding transparency and accountability in government institutions.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
IAS Shruti Sharma
Public Alert: Fake Facebook IDs Target UPSC 2021 Topper and IAS Officer Shruti Sharma, Thousands of Followers Misled Online
CM Hemant Soren
Jharkhand Marks 25 Years of Statehood: Celebrating Tribal Legacy, Governance, and Development Milestones
Pushkar Singh Dhami CM
Mountain Villages Transformed: Uttarakhand’s Road Network Revolution Enhances Livelihoods and Pilgrimage Tourism
Pushkar Singh Dhami CM
Massive Resettlement in Uttarakhand: Jamrani Dam Villagers to Move to Fully Planned Gadariabagh Settlement
Uttar Pradesh UP Government
Uttar Pradesh Unveils Grand Eco-Tourism Plans: Tharu Culture, River Safaris, and Tribal Heritage in Spotlight
IAS Officers Indian Administrative Services
8 IAS Officers Under Scanner: MHA Mulls Prosecution Sanction in Multi-Crore Jammu & Kashmir Gun Licence Scam
Jasjit Kaur IAS
Who Is IAS Jasjit Kaur? The UP Bureaucrat at the Heart of a Controversial Caste Certificate Case Triggering HC Intervention
CJI Surya Kant
6 Nations Gather as 53rd CJI Justice Surya Kant Takes Charge: India’s Most Global CJI Oath Ceremony Unfolds Today
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Syed Waquar Raza
Escaped Narrowly In Naxal Ambush, Got Injured In Communal Riots, This IPS Officer Is Living Under Constant Fire
IPS Abhishek Yadav
Inside IPS Abhishek Yadav’s Mission to Build a Smarter, Kinder Police Force in Pilibhit
Syed Waquar Raza, DIG, Murshidabad
Decoding India’s Internal Security Challenges with A UPSC Guru
ADVERTISEMENT
UPSC Stories
IAS Smit Panchal
Meet IAS Smit Panchal a First-Generation Graduate Who Secured AIR 30
The inspiring UPSC journey of IAS Smit Panchal: from Gujarati-medium beginnings and financial hardship...
Devesh Sahu SGPSC 24
From Interview Rejections to Rank 1: How Devesh Kumar Sahu Topped CGPSC 2024 in His 4th Attempt (Exclusive)
From repeated interview failures to Rank 1, Devesh Kumar Sahu’s CGPSC 2024 journey shows how discipline,...
IPS Mohibullah Ansari
The Boy Who Was Told He Would Fail - Now a 2021-Batch IPS Officer
IPS Mohibullah Ansari’s life proves that success in UPSC doesn’t belong to “geniuses” — it belongs to...
Social Media
elephant rescue Karnataka
Heroic Karnataka Elephant Rescue: How a 28-Hour “Impossible Mission” Became a Triumph of Wildlife Care, IFS Parveen Kaswan Shares Video
A trapped elephant was rescued after 28 hours in Karnataka through a massive, expertly coordinated Forest...
IFS leaf-whistling viral video
IFS Officer Shares Video of Tiger Reserve Guide’s Leaf-Whistling Talent, Internet Tries to Guess the Tune
Jaldapara National Park Guide Shows Extraordinary Leaf-Whistling Skills, Goes Viral
Shalabh Sinha IPS Singing
Who is IPS Shalabh Sinha? The Bastar SP Whose Kishore Kumar Rendition Took Social Media by Storm
IPS officer Mr. Shalabh Sinha’s soulful performance of “Rimjhim Gire Sawan” at Dalpat Sagar goes viral,...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
IPS Dr Santosh Singh: The Scholar-Officer Whose Book on UN Peacebuilding Earns National Acclaim
IPS Dr Santosh Singh: The Scholar-Officer Whose Book on UN Peacebuilding Earns National Acclaim
IAS Shruti Sharma
Public Alert: Fake Facebook IDs Target UPSC 2021 Topper and IAS Officer Shruti Sharma, Thousands of Followers Misled Online
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Syed Waquar Raza
IPS Abhishek Yadav
Syed Waquar Raza, DIG, Murshidabad
ADVERTISEMENT
ADVERTISEMENT