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Peon for 30 years has assets worth 7 crore including luxury cars and houses

India TV News Desk [Published on:02 Sep 2014, 7:46 PM]
India TV News

Gwalior: Kuldeep Yadav a peon at a Cooperative Bank in Madhya Pradesh for almost 30 years is in news for having assets more than a top level corporate executive!

Kuldeep Yadav's three homes out of six were raided this morning in Gwalior and what the officials have found will shock you to the core. Investigations revealed that he has property worth Rs 3 crore and more.  

Since 1983, Yadav has been working at a Cooperative Bank as a peon, without a single promotion. His silent presence could have concealed the wealth he has acquired over the years, but it all was exposed unfortunately.

The raids that began at 3 am this morning by the Lokayukta or anti-corruption police found illegal documents for a duplex bungalow, five big houses, two luxury cars, cash, jewellery and even bank lockers.

Officials expect Yadav's wealth to be around 7 crore.  It was an unidentified complaint that tipped off the police about Mr Yadav's concealed millions.

At a salary, not more than Rs. 20,000 a month, Yadav couldn't have possibly made more than Rs. 15 to 17 lakh in three decades, police further added.  

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