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
NHPC_resized_2
NHPC Shines at 10th India PSU IT Awards 2025, Bags Top Honors for Digital Excellence
Andhra Pradesh High Court
AP High Court Grants Interim Relief to IPS Officers in Kadambari Jethwani Case
Rajasthan Government
9 RAS Officers Transferred in Rajasthan; Govt Lifts Ban on Transfers in Border Districts
WhatsApp Image 2025-05-09 at 19.44
Foreign Ministry Press Briefing: Pakistan Fired 400 Turkish Drones, Used Civilian Flights as Shields to Deter Indian Retaliation
DelhiPolice
231 Police Officers Transferred in Delhi's Outer-North District in Major Reshuffle
BEML-Limited
BEML Declares Rs. 15 Interim Dividend Despite Weak Q3 Results
OIL INDIA
Motilal Meena Appointed as Non-Official Director on Board of Oil India Limited
BEML-Limited
BEML to Set Up Heavy Earth Moving Equipment Plant in Chhattisgarh; Gets 100 Acres at Re. 1 Per Acre
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Sandeep Tamgadge
IPS Sandeep Tamgadge’s Two Decades of Service in Nagaland
IMG-20250429-WA0019
How Mission IAS is Transforming Dreams of Underprivileged UPSC Aspirants
Aakash Garg
Computer Engineer Aakash Garg Takes AIR-5 in UPSC CSE 2024 Through Sheer Discipline And Hard Work | Exclusive
ADVERTISEMENT
UPSC Stories
iqbal-ahmad-upsc-2024
From Cycle Repair Shop to UPSC Rank 998: UP's Iqabal Ahmad’s Inspiring Journey Against All Odds
Iqbal Ahmad, son of a handyman from Sant Kabir Nagar, secured 998th rank in UPSC 2024, fulfilling his...
IPS Sandeep Tamgadge
IPS Sandeep Tamgadge’s Two Decades of Service in Nagaland
For over 20 years, IPS officer Sandeep Tamgadge has served Nagaland, navigating its unique cultural landscape...
Shubham Kaurav UPSC
Four Attempts, One Dream: How Shubham Kaurav Cracked UPSC CSE with AIR 291
With determination, self-study, and a strategic mindset, Gwalior’s Shubham Kaurav turned years of hard...
Social Media
Fakenews
Be Aware: Fake Videos and Propaganda Cloud Public Discourse After India’s Cross-Border Strike
In the aftermath of Operation Sindoor, numerous false and doctored videos claiming to show the strikes...
Indore Road Safety Campaign by Air Hostesses
The Cleanest of India, Indore, Launches Inclusive Road Safety Campaign Featuring Air Hostesses - Know More!
In a unique civic initiative, Indore Traffic Police deployed air hostesses using sign language at key...
Shakti Dubey AIR 1
UPSC Rank 1 Shakti Dubey's Success Sparks Debate on Civil Services Examination System, Ex-IPS Officer Raises Questions
Shakti Dubey’s UPSC Rank 1 success has sparked debate after ex-IPS officer Yashovardhan Azad questioned...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
NHPC_resized_2
NHPC Shines at 10th India PSU IT Awards 2025, Bags Top Honors for Digital Excellence
Andhra Pradesh High Court
AP High Court Grants Interim Relief to IPS Officers in Kadambari Jethwani Case
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Sandeep Tamgadge
IMG-20250429-WA0019
Aakash Garg
ADVERTISEMENT
ADVERTISEMENT