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There were allegations of malpractices in the award of the contract worth approximately Rs 2,200 crore of civil works in the project.
The searches are spread across three locations, including the premises of Kanwaljeet Singh Duggal of Mainstream IT Solutions Private Limited and D P Singh, they said.
Malik said that the CBI has asked for his presence at the agency's Akbar Road guesthouse in Delhi for "certain clarifications".
Speaking at a Jat community programme here, Malik said he will also join the movement once he completes his term as Meghalaya governor.
Satya Pal Malik, who has been critical of the Centre over issues of farmers, said the Union government could bring down prices of commodities by reducing taxes.
Terrorists were killing poor civilians in Srinagar, which was "really sad", said Malik, the last governor of the state of Jammu and Kashmir before it was split into two union territories
A Rashtrapati Bhavan communique said Malik has been shifted to Meghalaya, and Governor of Maharashtra Bhagat Singh Koshyari has been asked to discharge the functions of Goa governor in addition to his own duties.
Malik, 73, former governor of Jammu and Kashmir, will replace Mridula Sinha, the first woman governor of Goa. Sinha will formally retire as governor on Friday. Her tenure had ended on August 31 this year.
Asked about Gandhi's statement on alleged violence in Kashmir, the Governor said, "Rahul Gandhi is a man from a prestigious family of the country, but he has behaved like a political juvenile."
He also announced that mobile phone connectivity will be opened in Kupwara and Handwara districts of Kashmir.
On August 10, Gandhi said that some reports had come in from J&K about violence there and PM Modi must assuage concerns over the matter in a transparent manner
The 46-day annual pilgrimage to the cave shrine of Lord Shiva in south Kashmir Himalayas will commence on July 1 and conclude on August 15.
Former J&K Chief Minister and PDP leader Mehbooba Mufti has demanded that the accused should be “stoned to death”.
Satya Pal Malik directed the police to take strict action without mercy against those indulging in any type of violence, arson or rumour mongering irrespective of political and religious affiliation.
Shah Faesal, who has been in the limelight since becoming the first Kashmiri to top the civil services exam in 2009, resigned on January 9.
The bench was hearing a PIL filed by BJP leader Gagan Bhagat, who was an MLA before the Assembly was dissolved.
"The constitutional mandate and the Supreme Court guidelines were not followed while dissolving the assembly in the face of two persons staking claim for government formation," former advocate general of Jammu and Kashmir Mohammad Ishaq Qadri told PTI.
His demand came after Malik, defending his decision to dissolve the state assembly, claimed "extensive horse-trading" was going on and it would have been impossible for parties with "opposing political ideologies" to form a stable government.
"For the past 15 to 20 days, I have been getting reports of large-scale horse trading. MLAs are being threatened and several types of underhanded dealings are going on," Malik told reporters at Raj Bhawan here.
The former Union home and finance minister said the governor was "happy" to keep the assembly under suspended animation as long as no one staked a claim to form government.
Mehbooba Mufti and Sajad Lone had sent separate letters to the Governor staking claim to form the government, before the assembly was dissolved
"Rs 8,000 crore has been earmarked for completion of all such projects which are hanging fire for decades for want of adequate resources. Inordinate delay in the execution of developmental projects not only leads to cost and time overrun, but also fuels public dissatisfaction as they are not able to benefit from the same," Malik said.
The Prime Minister's Office tweeted pictures of Satyadev Narayan Arya, Baby Rani Maurya and Lalji Tandon, the governors of Haryana, Uttarakhand and Bihar respectively, meeting the prime minister.
Malik replaced Narendra Nath Vohra, who was given a two-month extension after completing 10 years as the governor of Jammu and Kashmir.
