Foul play alleged in Nano Excel fraud case probe
A total of 673 cheating cases were registered but the investigation was not fair.
Kochi: A petition has been filed before Kerala High Court alleging foul play in the probe into the Nano Excel financial fraud case. The petitioner argued that the Nano Excel company being highly influential had managed to hush up the scam. A total of 673 cheating cases were registered but the investigation was not fair.
M.L. Augusty of Idukki moved the court arguing that the Assistant Superintendent of Police, Rural, Aluva had intercepted a car driven by one Rajeevan of Nano Excel company on December 13, 2010 at Paravoor junction and seized Rs 63 lakh from the car. The whereabouts of the money are not known to anyone now, he argued.
The money and the car were handed over to the regional unit of Directorate of Revenue Intelligence, Kochi, the next day. The Income Tax Officer, Kochi, in an RTI reply said that an amount of '63 lakh seized had been deposited in the personal deposit account of the Commissioner of Income Tax, Kochi and a copy of the chalan was furnished, but the same didn't bear any chalan number.
The SBT bank authorities said that the account of the DRI was closed on April 5, 2011 and the said amount deposited in a newly opened account of the DRI. The petitioner contended that the said information was false.
Tainted RDO gets bail
Kerala High Court on Thursday granted bail to tainted Muvattupuzha RDO V.R. Mohanan Pillai, who was arrested by the Vigilance and Anti-Corruption Bureau while accepting a bribe of Rs 50,000.
Mohanan Pillai was caught red-handed on the basis of a complaint registered by Mathew Daniel of Vazhakkulam. The complainant had approached the VACB stating that the official had demanded Rs 50,000 as bribe for giving permit to construct a compound wall in a property at Vengachodu near Muvattupuzha.