IPhones, concert tickets: Bribes used for flamboyance

The Enforcement Directorate's investigation has revealed that YS Reddy, suspended deputy director in the town planning department of the Vasai-Virar civic body, collected bribes to the tune of Rs51.77 crore and used the cash for a flamboyant lifestyle.

- Charul Shah Joshi

In its prosecution complaint, the central agency claimed that Reddy, in his own admission, has said that his monthly expenditure was of Rs5 lakh, while he splurged around Rs1 crore on festivals. This, the ED said, showed how illicit cash was used for luxury consumption.