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.
Former Leader of the Opposition and a prominent Dalit face Harpal Singh Cheema may be inducted as the deputy chief minister. Cheema retained his Dirba seat.
Exhorting the top brass of civil and police administration to discharge duties as a public servant in the letter and spirit, thus respecting the massive mandate got by the AAP in the recently concluded assembly polls, the Chief Minister said the people who have given "us an opportunity to serve the state are the real rulers in the democracy having the power to make the leaders to rule or show them the door".
The Fourth Additional District and Session's Court Judge B.R. Pallavi has convicted Adithya Rao (37), the accused in the case. He was found guilty under Section 4 of the Explosive Substances Act 1908 and Section 16 of the Prevention of Unlawful Activities Act 1967. He has also been fined Rs 10,000.
The first of the session commenced with Pro-tem Speaker Inderbir Singh Nijjar administering the oath of office and secrecy to Chief Minister Bhagwant Mann as Member of the Vidhan Sabha. Breaking the convention, all women members were administered oath after the Chief Minister.
The ruling BJP and opposition Congress, meanwhile, locked horns in the assembly over the bandh. The BJP sought action against those who are going against court verdict and the Congress maintained that they have the right to protest.
The plea sought a direction to the SEC to conduct the municipal elections in Delhi, according to the initially conceived schedule, before the expiry of the tenure of the Municipal Corporations of Delhi, in May 2022, in a free and fair manner. The petition contended that the SEC, on March 9, issued a press note for holding the polls in April.
