Bengaluru/Mysuru, September 1:- The Central Bureau of Investigation (CBI) has booked cases against the Director of CSRTI (Central Sericulture Research and Training Institute) Dr Sivaprasad for acquiring disproportionate assets (DA).
The premier investigative agency registered a First Information Report (FIR) against Dr Sivaprasad for accumulation of disproportionate assets. This is the second case registered against the director in the week.
According to the latest FIR filed by the CBI, CSRTI Director who is in question, during the period from January 2014 to June 2018, had acquired assets disproportionate to his known sources of income in his name and in the names of his family members.
“Dr V Sivaprasad, Director of CSRTI, Mysuru, is found to have been in possession of Disproportionate Assets to the tune of Rs 40,91,330 during the period of January, 2014 to June 30, 2018, which is found to be disproportionate to his known source of income to that extent of 40.90% and which cannot be satisfactorily accounted for. The above Prima-Facile disclose commission of offence under section 13(2) r/w sec 13(1) (e) of prevention of corruption Act, 1988 on the part of Dr V Sivaprasad, hence the FIR,” stated CBI sources.
Sivaprasad, who joined Central Silk Board in 1990 as research assistant had resigned in 1997, and joined Andhra Pradesh State Sericulture Research and Development Institute. Subsequently, he was appointed as director Central Silk Board in 2010 and transferred as director CSRTI in Mysuru in 2014.
Earlier in the week, the CBI had booked Dr Sivaprasad and others for suspected offence of Criminal Conspiracy, Cheating and Criminal misconduct by Public servants on August 29. The source information revealed CBI that Dr V Sivaprasad and others had caused wrongful loss of Rs 3, 82, 14, 589 in procurement of 41,314 out of 52 200 rotary mountages to the public exchequer and corresponding wrongful gain to themselves. They also noted that Sivaprasad did not conduct proper training for the beneficiaries to who to the Rotary Mountages were distributed. -KK