Overview
- The Economic Offences Wing (EOW) raided properties linked to Umashankar Parashar, an assistant engineer at MP East Discom, on May 10, 2025.
- Assets worth Rs 5.5 crore, including two factories under his wife’s name, multiple houses, six vehicles, jewellery, and nine bank accounts, were seized.
- A formal case under the Prevention of Corruption Act, 2018, was registered on May 8, 2025, citing assets disproportionate to Parashar's declared income.
- Authorities are now scrutinizing financial records and factory documents to trace benami transactions and strengthen the corruption case.
- The investigation highlights ongoing challenges in tackling corruption and benami property schemes within Madhya Pradesh's power sector.