CBI after IIT-Goa Director: says he amassed 1.14 cr via multiple sources

The Director of Indian Institute of Technology (IIT) Goa, BK Mishra, has been alleged for amassing Rs. 1.14 crore disproportionate to his known sources of income. The CBI has now booked the Director to investigate over the allegations.

BK Mishra was the Director at Institute of Minerals and Materials Technology-Bhubaneswar before joining the top post at the newly set IIT. The agency alleges that he has amassed assets to the tune of Rs 2.15 crore between 2006 and 2016.

The CBI FIR alleges that at the start of the check period, i.e on April 1, 2006, he had movable and immovable assets to the tune of Rs 3.79 lakh in his and his wife’s name. However, at the end of August 31, 2016, the assets shot to Rs 2.19 crore, it further says.

The CBI alleges that during this while, Mishra has earned Rs. 2.32 crore from multiple sources, including earnings by his wife.

The agency which registered the FIR based on “source information” claims that during the span his expenses on repayments of loans, children’s education, kitchen have been over Rs 1.31 crore. Mishra’s likely savings during the period were little over Rs 1 crore, it concluded.

“…and against this likely saving, Dr B K Mishra has acquired assets (movable/immovable) to the tune of Rs 2.15 crore. Hence Dr Barada Kant Mishra is in possession of disproportionate assets to the tune of Rs 1.14 crore to his known sources of income during the aforesaid check period and the acquisition of the same is not likely to be accounted for satisfactorily by him,” the CBI has alleged in the FIR.

Emails sent to the director’s official id and to the instituter’s public relations officer seeking their responses remain unanswered.