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A mine of wealth at official's house

Staff Reporter

1.5 kg of gold, 8 kg of silver found at Mysore Minerals CGM's residence


  • The official is said to own property estimated at Rs. 8 crore
  • His deposits in banks and post office estimated at over Rs. 50 lakh
  • He was dismissed from service in 1998 and reinstated four years later



    MAJOR HAUL: Lokayukta N. Venkatachala with the valuables found at the house of a Mysore Minerals official in Bangalore on Thursday. — Photo: V. Sreenivasa Murthy

    BANGALORE: The Lokayukta police unearthed immovable property and other valuables, in all estimated at Rs. 10 crore, allegedly amassed by a senior official of Mysore Minerals, a State Government undertaking.

    Lokayukta N. Venkatachala told presspersons here on Thursday that B.T. Lakshman, Chief General Manager of Mysore Minerals, was found to possess 1.5 kg of gold ornaments, 8 kg of silver articles, cash and deposits of about Rs. 70 lakh besides immovable property estimated at about Rs. 8 crore. The extent of the wealth disproportionate to the known sources of income of the accused had to be ascertained, he said.

    A palatial three-storeyed 60' X 40' house estimated at Rs. 2 crore in Chandra Layout, a four-storeyed complex estimated at Rs. 5 crore and a two-storeyed building in Vijayanagar estimated at about Rs. 50 lakh, another structure on a 80' X 60' plot at Sunkadakatte estimated at Rs. 50 lakh, two 40' X 60' sites in Mariyappanapalya and a 50' X 60' plot at Kodigehalli were part of the official's immovable property, the Lokayukta said.

    The accused, he said, had been dismissed in 1998 for official misconduct before he was reinstated four years later. The accused had joined Mysore Minerals as a junior geologist in 1973. Besides owning property in his native Thoppegowdanapalya in Kunigal taluk, Lokayukta officials said, the accused had 10 to 12 bank accounts.

    A sum of Rs. 33 lakh was deposited in two State Bank accounts.

    His postal deposits were estimated at Rs. 20 lakh.

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