CBI Registers ₹2.19 Crore Disproportionate Assets Case Against Ex-Railway Officer

The Central Bureau of Investigation (CBI) has registered a disproportionate assets case against former Divisional Railway Manager (DRM) of East Coast Railways, Saurabh Prasad. The case alleges that Prasad amassed assets worth ₹2.19 crore, which are disproportionate to his known sources of income.

Prasad, a resident of Chembur, had a long career in the Indian Railways, joining as an Assistant Mechanical Engineer in 1994. He was promoted to various positions, including Chief Mechanical Engineer (CME) with Konkan Railway and DRM of Waltair Division of East Coast Railways.

In November 2024, Prasad was arrested by the CBI for accepting a bribe of ₹25 lakh from a Mumbai-based private firm. During the investigation, searches were conducted at his residential premises, and cash, gold coins, and jewelry were recovered and seized.

The CBI received a written complaint in September 2026, alleging that Prasad had amassed assets disproportionate to his income during his tenure from April 2021 to November 2024. The complaint led to the registration of a disproportionate assets case against Prasad under the Prevention of Corruption Act.

Prasad's career spanned various key positions in the Indian Railways, including postings at Central Railways and Konkan Railway. His arrest in the bribery case and the subsequent registration of the disproportionate assets case have raised questions about corruption in the railways.

The CBI's investigation into Prasad's assets has revealed a significant disparity between his known sources of income and his actual assets. The agency's action against Prasad is part of its efforts to curb corruption in public service.

The case against Prasad is a reminder of the need for transparency and accountability in public service. The CBI's investigation and registration of the case demonstrate the agency's commitment to rooting out corruption and ensuring that public servants are held accountable for their actions.

The registration of the disproportionate assets case against Prasad has significant implications for the Indian Railways and the wider public service. It highlights the need for robust mechanisms to prevent corruption and ensure that public servants are held to the highest standards of integrity.

In conclusion, the CBI's registration of a disproportionate assets case against former East Coast Railway DRM Saurabh Prasad is a significant development in the agency's efforts to combat corruption in public service. The case serves as a reminder of the importance of transparency and accountability in public service and the need for robust mechanisms to prevent corruption.