2Photo© timesofindia.indiatimes.comCBI books retired Navy captain in disproportionate assets case
Wadhwa, who retired from service in May 2024, joined the Indian Navy as a sub-lieutenant on July 1, 1989 and rose to the rank of captain -- equivalent to a colonel in the Army-- on August 6, 2016. He has served in sensitive postings, including at the Directorate of Network Centric Operations, HQ SFC (Strategic Forces Command); Naval Dockyard, Mumbai; Directorate of Quality Assurance (Naval) Cell in BHEL; National Security Council Secretariat; and Directorate of Naval Design (Submarine Design Group).
In its first information report (FIR), filed on May 15 but made public on Wednesday, CBI has alleged that Wadhwa was “involved in corrupt practices and acquired substantial immovable assets disproportionate to his known sources of income”.
The agency has claimed that the retired officer acquired several assets between 2010 and 2020 -- a period covering much of his tenure as commander and captain in the Navy.