Corporate affairs head of Gautam Thapar group's firm arrested for threats
The corporate affairs head of a Thapar Group-owned company and his aide have been arrested for allegedly trying to extort Rs 25 crore from the group's senior executive, Gautam Thapar, who was part of Prime Minister Narendra Modi's business delegation during his three-nation tour.delhi Updated: Apr 18, 2015 13:07 IST
The corporate affairs head of a Thapar Group-owned company and his aide have been arrested for allegedly trying to extort Rs 25 crore from the group's senior executive, Gautam Thapar, who was part of Prime Minister Narendra Modi's business delegation during his three-nation tour.
Jaspal Singh (47), heading corporate affairs of Thapar Group enterprise Ballarpur Industries Limited, and his associate Deepak Kishore (43) were arrested by the special cell of Delhi Police.
On Tuesday, a complaint was received in the special cell on behalf of Anil Bhargava, director of Avantha Group, a $4 billion enterprise which owns among others Ballarpur Industries and Crompton Greaves.
While Thapar and his personal secretary received threat SMSs on their mobile phones, an extortion call demanding Rs 25 crore as 'protection money' was made to the company's chief managing director. The threats were made while Thapar and his two senior employees were in Delhi with Modi, police said.
Singh was associated with company since 2005 and prior to that worked with a private company at Barakhamba Road. He hired Kishore, a contractual DTC driver who was then working as a peon in the same company, to assist him.
Sanjeev Kumar Yadav, DCP (special cell), said the extortionist demanded an amount of Rs 25 crore from the recently concluded sale of a power plant project of Avantha Group in Chhattisgarh to the Adani Group.
"The caller threatened if his demands were not fulfilled, he would kill Thapar and made further specific reference of harm being caused to his children studying abroad. An FIR was registered and investigation initiated," said Yadav. During interrogation, Kishore spilled the beans on Singh, the masterminded of the crime.
"Singh decided to utilise his knowledge of the family and personal affairs of his corporate bosses to hatch a conspiracy whereby they could be threatened and pay him money. He lured Kishore into his plan by promising him a good job and a handsome amount on which he could live luxuriously. The latter agreed as he knew Singh was a shrewd operative and believed with his contacts, would be able to pull off the crime," said Yadav.