Chennai, Jun 30 (PTI) A CBI special court today sentenced a top Employees Provident Fund Organisation official and his wife to two years in jail for owning assets exceeding their legal income. Also Read - Great Relief For 6 Crore PF Subscribers as EPFO to Credit Part of 8.5% Interest on Employees Provident Fund For FY20
The anti-corruption court of Special CBI Judge S Jawahar also imposed a fine of Rs 50,000 on EPFO Enforcement Officer V Vasudevan and his wife Vasanthi for possessing wealth worth Rs 55.36 lakh between January 1, 1997 to July 3, 2008 acquired “by illegal means which is disproportionate to known sources of his income,” a CBI release said. Also Read - 7th Pay Commission Latest News: Govt Releases Rs 868 Crore Pension Along With Rs 105 Crore Arrear
The CBI had filed the charge sheet against the couple under various sections of the Prevention of Corruption Act and the Indian Penal Code. Also Read - EPFO Hikes Interest Rate on Employees' Provident Fund From 8.55% to 8.65% For 2018-19 Fiscal Year
“On completion of the trial, Vasudevan and Vasanthi were convicted and sentenced to undergo rigorous imprisonment of two years each,” it said.
This is published unedited from the PTI feed.