Key Highlights:
✔ ACB conducts raids at seven locations linked to JDA Superintendent Engineer Avinash Sharma.
✔ Accumulated assets worth ₹6.25 crore, exceeding legal income by 253%.
✔ Over 100 properties discovered under the accused’s name and his family.
✔ Seized cash, gold, silver, bank deposits, mutual fund investments, and luxury vehicles.
✔ ACB intensifies investigation into benami properties and undisclosed wealth.
Major Crackdown on Corruption in Jaipur Development Authority
In a major anti-corruption operation, the Anti-Corruption Bureau (ACB) Rajasthan conducted simultaneous raids at seven locations linked to Jaipur Development Authority (JDA) Superintendent Engineer Avinash Sharma on charges of amassing assets disproportionate to his known sources of income.
The statewide operation was launched in the early hours of March 12, following directives from the ACB Headquarters.
Operation 40+: Secret Intelligence Leads to Action
🔎 ACB Director General Dr. Ravi Prakash Meharda revealed that the investigation was initiated based on confidential intelligence reports suggesting that Avinash Sharma had accumulated illicit wealth far beyond his legal earnings.
🔹 A secret verification by the ACB intelligence wing confirmed over 40 properties acquired through illegitimate means.
🔹 This led to the launch of “Operation 40+”, targeting Sharma’s undisclosed financial empire.
🔹 Upon thorough investigation, it was discovered that Sharma owned assets worth ₹6.25 crore, which is 253% more than his legitimate income.
Following this, a case was registered, and search operations were conducted across multiple locations.
Raids Across Seven Locations Uncover Massive Illegal Wealth
🚨 ACB teams raided seven key locations in Jaipur, including Sharma’s residence, offices, and other suspected properties.
✔ Additional six teams were deployed to collect property details from different JDA zones.
✔ More than 100 property documents related to the accused and his family were seized.
✔ Unaccounted wealth in cash, gold, and investments was recovered from the searches.
Assets Seized from the Accused’s Residence & Bank Accounts
The raids uncovered a staggering amount of illegal wealth, including:
💰 ₹13 lakh in cash found at the accused’s residence.
🏦 ₹30 lakh deposited in seven bank accounts.
🏠 Over 100 property-related documents linked to Sharma and his family.
📈 ₹1.34 crore invested in mutual funds and stock markets.
🚗 Luxury vehicle purchases worth ₹25 lakh.
📜 Multiple high-value insurance policies.
📚 Documents related to children’s overseas education.
🔑 Two undisclosed bank lockers, yet to be opened.
💎 140 grams of gold & 500 grams of silver jewelry.
Investigation Reveals Large-Scale Corruption
💡 Preliminary assessments and FIR evidence confirm that Sharma used his position at JDA to amass significant illegal wealth.
✔ Accumulated unaccounted assets far exceeding his salary and legal earnings.
✔ Multiple benami transactions uncovered, hinting at an extensive money-laundering network.
✔ Further probe initiated to trace undeclared wealth and associates involved.
🔹 ACB officials have confirmed that more properties and financial irregularities are under scrutiny, with benami property holdings under investigation.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
