Rs 100 crore worth Diamonds in Engineer's House

The Income Tax Raid conducted at Noida Chief Engineer Yadav Singh's residence on Friday shocked the sleuths as the wealth they found is many times beyond their estimates.

About Rs 100 crore worth Diamonds, 2 kg gld, Rs 10 crore cash and several documents have been seized at Yadav Singh's house.

IT Sleuths found out that Yadav Singh has floated 40 shell companies with fake names, opened 13 lockers in banks and holds a lot of benami properties. Few bogus companies have been registered with Engineer's wife name. About 12 Income Tax Teams have taken part in the search operation.

Yadav Singh seems to be close aide of former Uttar Pradesh Chief Minister Mayawati.