Hyderabad: Heera group depositors seek CBI probe on funds

Hyderabad: A depositor has moved a PIL before the Telangana High Court seeking a CBI inquiry into the Heera Group scam, headed by Dr Nowhera Shaik, allegedly involving Rs 50,000 crore.

Mr Shahbaz Ahmed Khan, a social worker and president of the Heera Group Victims Association, alleged that the group had betrayed three lakh depositors by portraying itself as Islamic and halal.

“This group use ulemas and religious scholars to lure people,” Mr Ahmed said.

Mr Khan alleged Ms Shaik had links with the terrorist group ISIS. Pakistani cleric Tauseefur Rehman belonging to the ISIS, who had been arrested by the Saudi government, had praised Ms Shaik, he alleged.