Former managing director of Uttar Pradesh Power Corporation Limited AP Mishra was arrested on Tuesday in connection with the investment of over Rs 2,600 crore of the State power employees’ provident fund in the scam-hit DHFL.
His arrest came days after the state government recommended a CBI probe into the matter and Uttar Pradesh Chief Minister Yogi Adityanath directed the director general of the economic offences wing to investigate the case till the CBI took over the matter.
“Mishra has been arrested. The economic offences wing of State police is probing the matter and strict action will be taken against those involved in this case,” Uttar Pradesh Director General of Police OP Singh said.
An official spokesman said Mishra, who was close to former CM Akhilesh Yadav and known as “arab pati Mishra”, was “sacked” from his post on March 24, 2017, after Yogi Adityanath Government came to power.
“Apprehending his termination, Mishra took away many important files. He was the first engineer to be promoted as the MD of the UPPCL and was given extension thrice by Akhilesh after his retirement,” he said, alleging that Mishra had sought the Samajwadi Party ticket to contest the Lok Sabha polls and was involved in various scams during the previous regime.
Reacting to the allegations, Samajwadi Party president Akhilesh Yadav held Chief Minister Yogi Adityanath responsible for the transfer of the employees' provident fund to scam-hit Dewan
Housing Finance Corporation Limited and demanded his resignation.