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.
Union Health Minister Mansukh Mandaviya on Tuesday said it is not correct to say that the third Covid wave will affect children as in the two waves till now children were relatively less infected.
Most experts believe India’s official toll of 414,000 dead was a vast undercount, but the government has dismissed those concerns. A report released Tuesday estimates excess deaths to be 3 million to 4.7 million between January 2020 and this June.
Rejecting all opposition to his elevation, Congress interim President Sonia Gandhi appointed Navjot Singh Sidhu as the party's new Punjab unit President along with four Working Presidents.
Calling the reports of alleged snooping on prominent citizens using Israeli Pegasus spyware as "baseless", the ruling BJP on Monday said there is not a single shred of evidence so far that links either the central government or the party to this controversy.
Congress MPs from both Houses had met on Sunday afternoon at Rajya Sabha member Pratap Singh Bajwa's residence to discuss the issues related to Punjab and sought an appointment with Gandhi.
Apart from reviewing the security arrangements in the national capital, the Delhi Police have also strengthened the security in and around the Red Fort ahead of the Independence Day.
