Ex-IAS officer gets 5-year jail
Ahmedabad, Dec. 7 -- A special Prevention of Money Laundering Act (PMLA) court in Ahmedabad on Saturday convicted former IAS officer Pradeep Sharma for money laundering and sentenced him to five years imprisonment.
The court held that Sharma had abused his position to allot government land in Bhuj to Welspun India Ltd. and its group companies at rates far below those fixed by the State, generating proceeds of crime that were later projected as lawful.
The 195-page judgment was delivered by Principal District and Sessions Judge and Designated Special Judge (PMLA) Kamal Sojitra. Sharma, 71, was taken into custody after the order. The court also fined him Rs.50,000.
The order recorded that Sharma is already serving a sentence awarded on Januar...
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