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 top court said it has found Mallya guilty of contempt and punishment has to be imposed. It added that going by normal logic, the contemnor has to be heard, but he has not appeared before the court so far.
After the historic victory of the Aam Aadmi Party (AAP) in Punjab, Bhagwant Mann on Thursday said the oath-taking of the state's new cabinet would be held in martyr Bhagat Singh's ancestral village.
Prime Minister Narendra Modi on Thursday congratulated the Aam Aadmi Party (AAP) for its clean sweep in the Punjab Assembly elections, and assured the party of all possible help from the Centre.
While the bookies are betting on the basis of per seat in Punjab and Uttar Pradesh, in Goa and Uttarakhand, they are betting on forming the government. In Punjab, they are giving the AAP 40 paise against a rupee, predicting a possible AAP government in the state.
The Commission also said elaborate and full proof arrangements have been made at all the counting centres. All strong rooms, where polled EVMs are kept, are under three-layered security with inner cordon manned by central armed police forces and the candidates concerned have been watching the strong room arrangements through CCTV coverage of 24x7.
The police recovered 1.1 kg of gold, 1.9 kg of silver articles and a bike from the accused persons. The arrested persons are identified as Karate Seena a.k.a Srinivas, Kokkare Satish and Tejas, all residents of north Bengaluru.
