Pushpendra Singh Baghel, accused of cheating dozens of people in Madhya Pradesh through a chit fund company, is learnt to have told the police that he had links with several state ministers and also two former Union ministers.
Baghel, believed to have been involved in the fraud of over Rs 900 crore, was so confident about his operations that he even entered into an MoU with the state government in 2012 to set up a Rs 1,600 crore solar power plant in Rewa district, police sources said.
Baghel was arrested from Indore on June 18 on fraud charges, and currently is in the custody of Bhopal police.
He claimed that a state minister had helped him participate in the Investor Submit-2012 and get an MoU signed for the solar plant, the sources said.
Meanwhile, on Tuesday, a police team led by town inspector (TI) MP Nagar, Brajesh Bhargava, carried out search at Baghel’s office in Noida. Simultaneously, another police team carried out a raid at his house at his native place in Shahdol district.
Police sources said several important documents related to solar power plant, chit fund companies and other businesses of Baghel had been seized from his office in Noida.