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Monday, April 02, 2001

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CBI grills Verma's son

NEW DELHI, APRIL 1. The CBI has picked up Mr. Siddarth Verma, son of Mr. B.P. Verma, former Chairman of Central Board for Excise and Customs (CBEC), and his business associate for questioning, agency sources said here today.

The sources said Mr. Siddarth Verma and his business associate, Mr. Rohit Jain, had been brought to the CBI headquarters this evening where the sleuths of Anti-corruption Branch questioned them.

The duo owned five companies which included Jubilee Enterprises and Jubilee Medicare.

The CBI alleged that the two were running different business in the garb of these companies, adding that so far it was found that Mr. B.P. Verma had also invested Rs. 20 lakhs in these companies.

The premises of Mr. Verma were raided on Saturday. The CBI sources said Mr. Verma did not co-operate with the agency and evaded the questions. The CBI conducted raids at 15 places, including Mr. Verma's office, residence, the residence of Mr. Sandeep Shrivastav, Officer on Special Duty, the school run by Mr. Verma's wife in Delhi and the office of the A.K. Enterprises in Chennai.

- PTI

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