Chit Fund Scam : Vigilance Bureau arrests absconding wife of Pearls Group MD Nirmal Singh Bhangoo
The Vigilance Bureau (VB) Punjab on Thursday arrested the absconding accused Prem Kaur, the wife of Nirmal Singh Bhangoo, managing…
The Vigilance Bureau (VB) Punjab on Thursday arrested the absconding accused Prem Kaur, the wife of Nirmal Singh Bhangoo, managing…
The accused have been identified as Iqbal Bahadur Singh Baweja, his son Parmeet Singh Baweja, and his daughter-in-law Jasneet Kaur Baweja.
These companies generated proceeds of crime and diverted the said tainted money into acquiring different movable and immovable properties.
Babu Singh Kushwaha, director and promoter of the chit fund company was arrested from Gwalior in Madhya Pradesh and was brought under transit remand to Bhubaneswar.
The fugitive economic offender Arabinda Kumar, a native of Kendrapara district, was arrested under relevant sections of the Indian Penal Code, Prize Chits & Money Circulation Scheme (Banning) Act, 1978 & Sec.
The case of the Kolkata Police Commissioner shows that the institution of the CBI breaches the notion of cooperative federalism
The development comes a day after the CBI summoned Kolkata police Commissioner Rajeev Kumar to appear before it in Shillong in connection with its probe into the Saradha chit fund scam.
The Sena said the Centre could have acted against the Kolkata Police chief two months back and the CBI should have carried proper summons before visiting his house to question him.
The Supreme Court on Tuesday directed Rajeev Kumar to cooperate with the CBI in its probe into the Saradha chit fund scam even as the court ordered that Kumar must not be arrested by the agency.
The court also summoned Rajeev Kumar, Chief Secretary and the Director General of Police to appear before it on February 20, which is also the next date hearing.
