Kolkata (West Bengal) [India], September 28 (ANI): The Central Bureau of Investigation (CBI) has arrested then Deputy Registrar of Companies, Kolkata and three others in a case associated to chit fund.
CBI had registered the moment case in compliance with the Supreme Court order dated May 9, 2014 in opposition to then MD of a personal firm and others and brought over the investigation of case, earlier registered at Baliapal Police Station in Balasore (Odisha).
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According to CBI, it was alleged that the accused illegally collected public deposits all through Odisha by alluring the general public with varied deposit schemes falsely promising excessive returns and didn’t refund the maturity quantity and thereby dishonest the traders of their due quantity. The whole assortment of the corporate was about Rs 565 crore.
In this case, two chargesheets have been filed earlier than the Special CJM, CBI circumstances, Bhubaneswar. Further investigation was performed to look into the bigger conspiracy, cash path and roles of regulatory authorities.During additional investigation, it was revealed that the accused had allegedly related themselves with the unlawful ponzi schemes and obtained enormous pecuniary advantages for themselves out of the illegally collected deposits by the stated personal firm.
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CBI stated the then Deputy Registrar of Companies, Kolkata had allegedly facilitated the unlawful deposit assortment business of stated FIR named personal firm, abusing his official place.
All the arrested accused Lakshman Srinivasan, then Founding Director of M/s Finshore Management Services Ltd, Swapan Kumar De and Uttam Munshi, then Territory Manager of M/s Star Health Insurance, Subha Kumar Banerjee, then Deputy Registrar of Companies, Kolkata have been offered earlier than the courtroom. (ANI)
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