Abuse of Power
CRPF IG Under Scrutiny for Alleged Misuse of Funds and Investment in Stock Market
A senior woman IPS officer, currently serving as an Inspector General (IG) in CRPF on deputation, is facing serious allegations of financial misconduct. A detailed complaint, circulating within CRPF headquarters, accuses the officer of misusing secret funds and manipulating ration procurement during her tenure in Jammu and Kashmir to invest heavily in the stock market.
According to sources, the seven-page complaint, which has reached multiple officials, alleges that the officer funneled approximately Rs 4 crore into stocks and mutual funds through a shell company. It claims she created a fraudulent firm, “MS Device Earth,” in Bengaluru in December 2018, listing bizarre business activities such as salon services, astrology consultations, valet parking, and shoe shining. Despite its alleged high revenue, the company lacks a registered office or warehouse.
The complaint further details questionable financial transactions, including Rs 40 lakh invested in mutual funds using CRPF’s secret service funds in 2020-21, generating Rs 4 lakh in dividends, which was later shown as “income from other sources” in her tax returns. It also points out undisclosed wealth accumulation, with the officer allegedly making large investments that far exceed her known salary.
Adding to the controversy, the officer reportedly initiated a training program called “Love You Zindagi” without seeking approval from CRPF headquarters, raising further concerns about fund mismanagement.
While the complaint is detailed, its anonymous nature puts its credibility under question, as per government regulations, anonymous grievances are often dismissed without investigation. However, if proven true, the allegations could mark one of the biggest financial scandals within the CRPF, demanding immediate scrutiny of the officer’s financial records and the suspected shell company’s transactions.