Sanjay Gupta, former associate vice-president (accounts) of Hero Corporate Service Limited who is a co-accused in the R400-crore Citibank customer fraud, was produced before a local court on Saturday which remanded him in judicial custody for 13 days.
Citibank relationship manager Shivraj Puri, the main accused in what is being touted as the biggest financial scam in years, was sent to 14-day judicial custody on Friday.
The two will be lodged in the same district jail in Bhondsi village. After a 12-day stint in the lockup at the DLF City police station, Gupta was produced in the court of chief judicial magistrate DN Bhardwaj and the Gurgaon police did not seek his further custody. Now, Puri and Gupta would be produced in the same court on January 28.
Gupta was arrested on January 3 and remanded in police custody for five days. Subsequently, his custody was extended by seven more days till January 15. Till now, the police department has made two arrests in the case while six more accused, including Puri's parents, are still at large.
Meanwhile, Pardeep Sharma, Gupta’s lawyer, refuted claims made by Puri that it was Gupta who had lured him to shift to corporate investments from the earlier individual investment portfolios he was handling.
“Puri is a sharp person and he misguided Gupta. He dragged the senior Hero executive into the whole controversy for no fault of his,” he added.