In a significant anti-corruption drive, the Bihar Vigilance Bureau raided multiple properties linked to two retired Circle Officers from Hajipur Sadar, Krishna Kumar Singh and Anjay Kumar Rai, uncovering substantial assets and financial irregularities.
Bihar Vigilance BureauCircle OfficersAnticorruptionReal EstateFinancial IrregularitiesReal EstateJun 22, 2025
Circle Officers (COs) are key administrative officials responsible for land mutation, registration, and verification processes. They play a crucial role in ensuring the smooth and transparent administration of land records and transactions.
Krishna Kumar Singh and Anjay Kumar Rai are charged with accumulating assets disproportionate to their known sources of income, with Singh accused of holding assets worth ₹66.15 lakh and Rai accused of amassing ₹46.43 lakh in unexplained wealth.
The raids uncovered jewellery worth ₹13 lakh, property documents, and financial records that suggest potential financial irregularities and benami transactions.
The next steps involve analyzing the recovered documents and digital storage devices to map financial discrepancies. Both officials could face prosecution under the Prevention of Corruption Act, and their properties may be attached pending court approval.
These raids send a strong message that no one is above the law and highlight the importance of transparency and accountability in the administrative system. They also act as a deterrent to potential corrupt practices.
A 25-year-old property dispute between a private individual and the management of a 93-year-old school in Bengaluru took a dramatic turn when a group of people demolished the compound wall of the school and allegedly encroached on the campus.
The residential real estate market remains a profitable investment opportunity due to strong demand and high rental rates. Among the top 13 cities, the average rental yield stands at 3.6%, with Ahmedabad, Pune, and Kolkata showing the highest rental yield
The Indian real estate sector is expected to play a crucial role in the country's economic growth over the next few decades, with a projected transformation worth USD10 trillion by 2047.
Bollywood stars Sunil Shetty and his son Ahan Shetty have made a significant investment in Mumbai's property market by acquiring a 1,200-square-foot property in Khar West (Bandra) through a bank auction. This purchase is part of a broader trend of celebri
I&B Minister Ashwini Vaishnaw highlighted four key challenges faced by the media and press today: 1. Fake news and disinformation, 2. Fair compensation by platforms, 3. Algorithmic bias, and 4. Impact of AI on Intellectual Property.
Suraj Estate Developers, a notable player in the construction and real estate sector, has been given a 'Hold' rating by MarketsMojo. The company’s strong financial performance, including a 20.50% ROCE and significant profit margins, underscores its manage