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The Central Bureau of Investigation (CBI) performed searches on the premises of former finance secretary Arvind Mayaram in an alleged corruption case on Thursday, information organization PTI reported.
The CBI raids are being performed in Delhi and Jaipur, as in keeping with reports. The CBI research states that Mayaram changed into allegedly worried in irregularities withinside the soft provided for forex printing.
According to reports, the raids are presently occurring for the remaining six hours. A CBI supply stated that some incriminating files were recovered withinside the raid so far.
As of now, the significant organization has now no longer given any legit declaration on the problem and no arrest has been made so far.
Along with Mayaram, a few different officers from the Finance Ministry and RBI also are being investigated, as in keeping with reports.
It is to be mentioned that Arvind Mayaram served because the Finance Secretary of India at some point of 2012-14.
Mayaram changed into shunted to the Rural Development Ministry at some point of P Chidambaram’s tenure because the Finance Minister below the Congress-led UPA government.
The 1978 batch IAS officer additionally served as Chief Economic Advisor to Rajasthan Chief Minister Ashok Gehlot.
Mayaram holds a PhD in Finance and has served the Alternate Governor for India at the forums of World Bank, Asian Development Bank and African Development Bank. He additionally served as India’s finance deputy in G20 and BRICS.
Mayaram changed into part of the board of the Reserve Bank of India, the Securities Exchanges Board of India and Life Insurance Corporation of India amongst different positions.
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