Friday, January 28, 2022
News

Supplementary charge sheet filed against Prayag group's owners

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | Thursday, 2021 2:15:08 AM IST
The Central Bureau of Investigation (CBI) has filed a supplementary Charge sheet before a Guwahati court against Founder Director of Assam-based Prayag Group of companies, Swapna Bagchi in connection with the chit fund scam.

The probe agency had earlier filed a charge sheet on February 26, 2019, in a court in Guwahati, Assam against 16 accused including Chairman-cum-Managing Director Basudeb Bagchi and others on the allegations of misappropriation of Rs 109,39,80,218 from nearly 2,28,104 investors.

Further investigation was continuing to unearth larger conspiracy, the money trail, and the role of other accused.

During investigation, it was revealed that Swapna was the first director and shareholder of the private company earlier registered on February 27, 2002, along with Basudeb. The said company was renamed on July 10, 2007, according to the CBI.

On scrutiny of bank statements and forensic audit report, it was also found that funds from the bank accounts of the company were allegedly diverted to her personal account and the personal accounts of CMD and other MD.

The CBI had registered the instant case on August 22, 2015, on the orders of the Supreme Court and taken over the investigation of the case earlier registered at Police Station Jorhat, Assam against the officials of the company based in Jorhat.

It was alleged that the accused had collected various amounts from the investors related to chit fund and later misappropriated the same.

--IANS jw/skp/

( 247 Words)

2021-12-01-20:08:24 (IANS)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Amit Shah holds door-to-door campaign in...
West Bengal: Six bombs recovered in Murs...
Budget 2022: Sitharaman to present 2nd p...
Budget 2022: Sitharaman to present 2nd p...
DDMA relaxes COVID curbs in Delhi; Weeke...
Rahul Gandhi's Punjab virtual rally: Con...
More...    
 
 Top Stories
US revokes China Unicom's authority... 
Draw would have been fair, both tea... 
Deepika Padukone, Sara Ali Khan, Is... 
Samajwadi Party and criminals have ... 
Only God can protect country, if Pa... 
PM Modi pays tribute to 'Punjab Kes... 
India logs 2,51,209 new COVID-19 ca... 
New Zealand reports 105 new communi...