Vehicle auction scam
Investigations revealed registration of 7,013 vehicles was fake and 4,000 had been registered on unauthentic vouchers
December 31, 2020
rajas and
maharajas in democracy, financial and other sorts of scandals do occur, off and on. The Anti-Corruption Establishment Punjab has unearthed a mega scandal that cost the exchequer a whopping loss of 300 billion rupees through a vehicle auction scam. ACE has registered a case against scores of officers, including five directors of the provincial Excise Taxation and Narcotics Control Board, suspected of their involvement in the fraud. Of the 18 officers named in the scam, ACE has arrested an excise and taxation officer. Others are on the run. Dishonest officials had been carrying out the dirty business of auctioning stolen and smuggled trucks, buses and other vehicles on the basis of forged auction papers for the past several years.