UP Invest CEO Abhishek Prakash suspended over allegations of corruption

Quick Summary:

The Uttar Pradesh government on Thursday suspended senior IAS officer and Invest UP Chief Executive Officer Abhishek Prakash over allegations of irregularities and corruption in approval of a project by an investor, officials here said.

Prakash, a 2006-batch IAS officer, was suspended after an investor in the solar industry lodged a complaint alleging that Jain demanded a commission to facilitate approvals for projects.

An alleged middleman, Nikant Jain, involved in the case was also arrested on Thursday, they said.

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Category: BusinessFinance

Markets: India

Topics: Corruption Abhishek Prakash UP Invest CEO Uttar Pradesh UP Invest CEO suspended

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-20 @ 21:49:06 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 509 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 27195220

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