NEW DELHI– Central Bureau of Investigation (CBI) has launched a full-scale investigation into Bitoka Shohe, a cashier at the Food Corporation of India (FCI) in Nagaland. The probe began after a shocking discovery: Shohe, whose total salary over six years amounted to approximately ₹40 lakh is suspected of investing a staggering ₹19 crore in the stock market during the same period. This vast disparity between his known income and his investments has led the CBI to file a formal complaint against him.
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The Financial Discrepancy: A Closer Look
The CBI’s initial findings paint a stark picture of financial impropriety. According to the agency, Mr. Shohe’s accumulated assets are valued at ₹18.99 crore. This amount is a staggering 1,797.73% higher than his legitimate and known sources of income. The sheer scale of this disproportionate wealth has raised alarms, suggesting illicit financial activities. Investigators are working to trace the source of these substantial funds that far exceed his official earnings.
Suspension and Ongoing Investigation
Following the initiation of the CBI’s inquiry, Bitoka Shohe has been suspended from his position as a cashier at the FCI. The suspension is a standard procedure in such high-profile cases, allowing the investigation to proceed without interference. As part of their comprehensive probe, CBI officials are meticulously examining all of Shohe’s assets. This includes scrutinizing housing loans he may have acquired and meticulously reviewing expenses related to construction materials, which could indicate undisclosed property developments or other investments.
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The Wider Implications for Public Service
The alleged actions of a relatively low-ranking official accumulating such immense wealth highlight vulnerabilities in financial oversight and accountability systems. As the investigation unfolds, it is expected to shed light on how such a significant amount of unexplained wealth could be generated and invested, potentially leading to broader reforms or stricter enforcement mechanisms within government bodies like the FCI.