PANAJI
The Central Bureau of Investigation (CBI) conducted searches at office and residential premises in Panaji and Margao of an Employees State Insurance Corporation (ESIC) official and netted Rs 15 lakh in cash, according to a CBI spokesperson.
The agency carried out the searches at the premises of Hanif Shaikh, a Social Security Officer ESIC, posted in Panaji.
Searches at the official's residence and office in Margao and Panaji respectively conducted in connection with a case of disproportionate assets also yielded incriminating documents besides the Rs 15.23 lakh in cash, FDRs valued at Rs 14 lakh and investments in properties, HDFC Life, LIC, etc.
The CBI spokesperson said, the case registered on allegations of possessing disproportionate assets against Shaikh pertains to the period from January 1, 2005 to February 15, 2021.
