New Delhi, Sep 28 (IANS) The Central Bureau of Investigation (CBI) has said that they have arrested the former Deputy Registrar of Companies, Kolkata, and three others, including founding director and territory manager of private companies during further investigation of a case related to the chit fund scam.
The CBI had registered a case immediately in compliance with the Supreme Court's orders against the then Managing Director of a private company and others and taken over the investigation of the case earlier registered at Baliapal police station, Balasore (Odisha).
It was alleged that the accused illegally collected public deposits throughout Odisha by alluring the people with various deposit schemes falsely promising high returns and did not refund the maturity amount and thereby cheated the investors of their due amount.
The total collection of the company was nearly Rs 565 crore.
In this case, two charge-sheets were filed in 2016 and in November 2021 before the Bhubaneswar court.
Further investigation was continuing to look into the larger conspiracy, money trail and roles of regulatory authorities.
During further investigation, it was revealed that the accused (private persons) had allegedly associated themselves with the illegal ponzi schemes accused named in the FIR and also allegedly received huge pecuniary benefits for themselves out of the illegally collected deposits by the said private company.
Subha Kumar Banerjee, the then Deputy Registrar of Companies, Kolkata, had allegedly facilitated the illegal deposit collection business of the accused.
Apart from him, the CBI has arrested Lakshman Srinivasan, the then founding director of Fimshore Management Service Ltd, Swapan Kumar De and Uttam Munshi, the then territory manager of Star Health Insurance.
The demand made by citizens primarily mirrored their right to clean air and the right to breathe, underlining the reality that Punjab is home to some of India's most polluted towns, including Mandi Gobindgarh, Amritsar, Jalandhar, Ludhiana, Khanna, and Patiala.
The case was assigned to the division bench of Justices A.G. Masih and Ashok Kumar Verma. Earlier, the case was being heard by the bench of Justices Rajan Gupta and Ajay Tewari but the latter recused himself from hearing the case on September 1.
Furnishing details about the incident, Additional DCP-2 Nishant Gupta told IANS that they had received information about a firing incident in the northeast Delhi area on October 1.
The activists of Punjab Congress will walk towards Lakhimpur Kheri in Uttar Pradesh if Priyanka Gandhi is not released and the Union Minister's son accused of murder not arrested, said state party President Navjot Sidhu on Tuesday.
Referring to police action against protesting farmers in Congress-ruled Rajasthan, the BJP leader said, "Congress leaders who are very keen to visit Lakhimpur Kheri have not uttered a single word against police lathicharge on farmers in Hanumangarh, Rajasthan."
Comparisons are on in social media whether this arrest could change the Congress fortunes as after Indira Gandhi's arrest and later in the election in 1980 the Congress returned with a thumping majority.
