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    Ex-IAS Pradeep Sharma Sentenced to 5 Years in Money Laundering Case

    1 month ago

    A special court in Gujarat has sentenced retired IAS officer Pradeep Sharma to five years’ imprisonment and fined him ₹50,000 in a money laundering case. The conviction relates to the allotment of government land at concessional rates to Welspun India Limited between 2003 and 2006, when Sharma served as Kutch district collector. His properties seized by the Enforcement Directorate (ED) will remain confiscated by the central government.

    The investigation revealed that Sharma used his wife’s bank account and other means to channel proceeds from the company, including payments totaling ₹29.5 lakh. He allegedly received illegal gratification and facilitated undue benefits to the company, violating norms and causing loss to the public exchequer.

    Separately, Sharma had earlier been sentenced in April 2025 to five years’ rigorous imprisonment and fined ₹10,000 in a 2011 case involving irregularities in government land allotment to Saw Pipes Pvt. Ltd. Sharma is currently lodged in jail.

     
     
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