Wednesday, May 11, 2011

UJVNL chairman held on corruption charges, sent to judicial custody

Dehradun: Former Uttarakhand Jal Vidyut Nigam Limited (UJVNL) chairman Yogendra Prasad was on Tuesday sent to 14-day judicial custody by a court following his arrest by vigilance department on the charges of corruption.

Prasad was produced before district judge Raj Krishan, who sent him to 14-day judicial remand, a vigilance official said, adding that Prasad's bail plea was also rejected.

Prasad was called for questioning to vigilance office where he was arrested last evening.

The vigilance department was on the lookout for Prasad ever since the Uttarakhand High Court had vacated the stay on his arrest in March this year.

Prasad, a former NHPC chairman, was appointed as an advisor to the Uttarakhand government in 2006. Later, he took over as chairman of UJVNL -- a state government agency for power generation in 2007.

He was removed from the post last year as the government stated he had already attained 65 years, the age limit fixed for heading a corporation in the hill state.

Following the allegations of corruption against Prasad, the government had handed over the inquiry to vigilance which lodged several cases against him for misusing his position in releasing payments worth crores of rupees to various companies without proper verification.

Probes further revealed that he had awarded several consultancy works related to various power projects, worth Rs 204.67 lakh, to Kaviet International where he was working as an advisor.

It was also found that Kaviet office bearers Sandip Agrawal and Shridhar Dutt Tripathi were colleagues of Prasad during his tenure with NHPC, and they later floated the company after retirement.

PTI

No comments: