In a big development, the Central Bureau of Investigation (CBI) on Tuesday filed a case against the former Rajya Sabha Trinamool Congress (TMC) MP, his son, and seven other people on charges of defrauding and misappropriating about Rs 100 crore that a large number of private individuals invested in two chit fund companies on the basis of false promises made by the accused.
Notably, the accused have been named as former TMC Rajya Sabha MP Kanwar Deep Singh, also known as KD Singh, his son Karandeep Singh, and seven other individuals who served as directors or promoters for the chit fund companies. KD Singh and others reportedly defrauded investors by promising villas, plots, and flats through his companies, Alchemist Infra Realty Limited and Alchemist Township Limited, ANI reported.
It is pertinent to mention that incriminating documents were found following searches at 12 different locations, including Chandigarh, Delhi, Haryana, Bihar, Punjab, and Uttar Pradesh. According to ANI, the central agency has taken over the investigation of the case that was previously filed at police station Kotwali in Uttar Pradesh’s Azamgarh regarding allegations of cheating and misappropriation of approximately Rs 100 crore.
This comes following the Enforcement Directorate (ED) probing the recruitment scam in West Bengal wherein the TMC leader and State Minister Partha Chatterjee is under the central agency’s lens over his involvement.
