Massive accumulation of wealth was found after Lokayukta team raided the house and office of retired superintendent engineer of Bhopal Municipal Corporation Pradeep Jain on Friday.
Lakhs of rupees in cash, gold and silver jewellery, property related documents were found from his house. The team also found evidence of investment abroad. The house where the action was taken is in the name of his son Yash Jain.
Lokayukta had received a complaint of financial irregularities against PK Jain. The action was taken at PK Jain's house located in the posh Lords Colony on Airport Road and the Smart City office located in Govindpura.
A large number of documents have been seized from both the places. His laptop and computer are also being investigated. Laptop and two hard disks have also been seized. A team of 12 people led by DSP Virendra Singh had reached for the action.
Lokayukta team also raided PK Jain's office in Smart City located in Govindpura. Investigating investments abroad.
Lokayukta sources said that information about investments abroad by Pradeep Jain has also been received. Jain's foreign investments are also being investigated in the documents found during the action.
Lokayukta officials said that documents of foreign trips have been found during the investigation. PK Jain returned from Canada just four days ago. Pradeep Jain is being questioned about his Canada tour.
Pradeep Kumar Jain is a retired engineer of Bhopal Municipal Corporation. He is currently on contract as superintending engineer in Smart City Project Bhopal. SP Lokayukta Bhopal had received a complaint of him acquiring assets disproportionate to his income.
On verification of the complaint, prima facie evidence of 300 percent disproportionate assets was found. After this, on 9 August 2024, two teams of Lokayukta conducted search operations at his residence and office. During the search of the house, immovable property worth more than 5 crores, bills of jewelry worth more than 85 lakhs, records of investments worth lakhs, records of foreign travel have been found. Bank lockers will be searched separately.
PK Jain's house is built on plot number 11 and 12 of Lords Colony. The house has been built in the mansion-like form on 6 thousand square feet. CCTVs are installed all around. This grand house of his was completed just a year ago. Neighbors told that the Jain family rarely stays here. Only servants live inside. Jain family mostly lives abroad. His son is settled in Canada.
