Basing on allegations of acquisition of assets disproportionate to the known sources of income by Zonal Officer, BBCC Bank, Bhadrak, Ajit Kumar Hota, the Vigilance police raided multiple locations and traced his assets of Rs 1,39, 82, 941.
Hota’s residential double-storied building at Nalanga, Bhadrak, double-storied building at Mathasahi, Bhadrak Town, house at native village Narasinghpur, Bhadrak and office room were simultaneously searched on Tuesday with search warrants.
His assets comprise two double-storied buildings, 11 homestead plots at Bhadrak town and Dhamnagar, etc,, deposits in different banks and insurance policies, one JCB, five motor cycles, jewelleries, besides hard cash of
Rs 2,75,000 and costly household articles.