SpeakAsia scam: Why no charge sheet yet, asks HC | mumbai | Hindustan Times
Today in New Delhi, India
Mar 29, 2017-Wednesday
New Delhi
  • Humidity
  • Wind

SpeakAsia scam: Why no charge sheet yet, asks HC

mumbai Updated: Jan 10, 2013 01:33 IST
HT Correspondent

The Bombay high court on Wednesday expressed concern over the way the Economic Offences Wing of the Mumbai police had been dragging its feet on filing a charge sheet in the multi-crore Speak Asia online investment scam.

The judge expressed dissatisfaction with the way the authority had clubbed all cases of cheating, which will cause delay in filing of the charge sheet.

The court said by failing to file a charge sheet till date the agency was giving the impression that it was in connivance with the fraudsters.

The observations came during the anticipatory bail application (ABA) hearing of one of the Speak Asia panellists who has been named as one of the main conspirators in the investment fraud.

Justice RC Chavan observed that it was over a year since the scam was unearthed and a case registered, but, till date a charge sheet had not been filed.

"Why have you (EOW) clubbed all the cheating cases together? Each person;s investment is different from that of another person's. By clubbing all cases, the investigating agency is causing delay in filing charge sheet and trial," justice Chavan observed.