Raipur: The Anti-Corruption Bureau (ACB) has filed a 3,500-page chargesheet against former Senior Cooperative Inspector and Liquidator Rajkumar Naidu for allegedly causing a financial loss of over ₹4 crore and misappropriating funds from cooperative housing societies.
The chargesheet was submitted before the Special Court for Prevention of Corruption Act cases in Raipur. Naidu has been charged under Sections 409 (criminal breach of trust) and 420 (cheating) of the Indian Penal Code (IPC), along with relevant provisions of the Prevention of Corruption Act, 1988.
According to the ACB investigation, Naidu allegedly abused his official position while serving as the liquidator of Bhairav Cooperative Housing Society and NMDC Cooperative Housing Society in Raipur.
In the NMDC Housing Society, he reportedly cancelled the registration of 13 plots that had already been allotted and registered to genuine members, bypassing established procedures and exceeding his authority. He then enrolled new members and sold the plots at rates below the collector guideline value. Investigators also found that he illegally sold land reserved for roads and pathways, causing substantial financial losses.
The probe further uncovered serious irregularities in the Bhairav Cooperative Housing Society, where Naidu allegedly allotted and registered land to three members of the same family. In another case, he accepted payment from a member for a plot and later registered the same plot in the name of another member without informing the original allottee.
The investigation revealed that Naidu misappropriated more than ₹20 lakh for personal use by pocketing proceeds from land sales and withdrawing money from society bank accounts even after his suspension.
After collecting substantial evidence, the ACB forwarded the case to the special court for trial.
