Former managing director of Uttar Pradesh Power Corporation Limited (UPPCL), A P Mishra was arrested on Tuesday (5 November) morning by the Economic Offences Wing (EOW) that is probing the employees provident fund (EPF) scam in the power department.
Mishra was arrested and taken to an unknown destination for interrogation.
He was appointed as managing director of UPPCL in the Akhilesh government and was known for his proximity to the then chief minister. He even wrote a book on Akhilesh Yadav while in service.
Mishra was given a two-year extension as managing director in 2015 and he resigned from the post in March 2017 after the Yogi government was sworn in.
Two senior officials -- the trust secretary P K Gupta and director (finance) Sudhanshu Dwiwedi -- were also arrested late Saturday (2 November) night.
The UPPCL had invested employees provident fund worth Rs 2,600 crore in a private company Dewan Housing Finance Corporation Limited (DHFL) which has alleged links with Iqbal Mirchi, an aide of Dawood Ibrahim.
(This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.)
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.