Agra IT commissioner arrested by CBI

CBI has arrested the Income Tax(IT) commissioner of Agra, Homi Rajvanshi, for allegedly cheating the National Agricultural Cooperative Marketing Federation of India (NAFED) to the tune of over Rs 167 crore when he was posted there (NAFED) as additional managing director of finance. Five others who connived with Rajvanshi have also been arrested in at least three cases. CBI officials say that they are probing 15 cases related to NAFED and Rajvanshi has committed irregularities in most of them.Rajvanshi an Indian Revenue Service officer of 1985 batch, who was posted as Additional Managing Director at the NAFED in 2005 allegedly connived with private parties and issued loans without seeking any collaterals, according to CBI.