On the allegation of possession of Disproportionate Assets, the vigilance sleuths conducted simultaneous raid on the properties of Patnaik at seven places in Khurda, Mayurbhanj, Balasore and Rayagada districts in Odisha & Visakhapatnam, Andhra Pradesh, the officials said.
During the raids, two flats (converted into one 4 BHK flat) in Bhubaneswar worth Rs 61.5 lakh, one 3 BHK flat in Bhubaneswar (Rs 34.18 lakh), flat at Hi-Tech Plaza in Bhubaneswar (Rs 13.23 lakh), one building at native village in Rayagada (Rs 4.85 lakh) and another flat in Visakhapatnam (Rs 17.56 lakh) detected by the vigilance.
Similarly, six plots including three plots in the prime area of Bhubaneswar and another three in Koraput were also found. The registered sale deed (RSD) value of these plots comes to Rs 20.86 lakh. However, the actual value is likely to be much higher. Undervaluation of the plots during registration is suspected. A thorough probe has been initiated in this regard, they said.
Apart from bank & insurance deposits worth over Rs 1.19 crore, movable assets including gold jewellry weighing 825 grams (Rs 20.79 lakh), six kg silver ornaments (Rs 1.5 lakh), 4 two wheelers (Rs 2.41 lakh) and other household articles worth over Rs 12.15 lakh were unearthed by the vigilance teams during the search operations.
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