Helion MD seeks to withdraw complaint
Taking a u-turn on Monday, a hi-profile complainant in the R400 crore Citibank fraud case decided not to pursue his police complaint filed against the bank on January 4.
Sanjeev Aggarwal, managing director, Helion Advisors Private Limited, had filed an FIR against 11 Citibank officials, including global chief executive officer Vikram S Pandit and chairman William R Rhodes, alleging he was duped of R 32.43 crore by bank relationship manager Shivraj Puri.
The Gurgaon police, however, clarified that Aggarwal's statement did not mean that the FIR against Citibank had been withdrawn.
“The police would continue its investigation and also question local Citibank officials, except for the top brass. The discretion to quash the FIR remains with the police department and not the complainant. An FIR is a state subject,” said Gurgaon police commissioner SS Deswal.
In a written statement, circulated to the media by his PR agency, Aggarwal said, “With reference to the FIR registered on January 4, concerning the fraudulent investment of funds from our account, we have today decided not to pursue our complaint against Citibank and its senior management. Through discussions with Citibank, we have been apprised of additional facts we were not aware of earlier, and the complaint against Citibank and its senior executive officers is not appropriate. We regret any inadvertent impact the complaint has had on the reputation of Citibank and its senior executive officers.”
Aggarwal, meanwhile, switched his mobile phone off and was not available for comments on the sudden change in stand against Citibank.
Traffic snarled in Delhi as the national capital welcomed the first monsoon showers on Thursday morning bringing much-needed respite from the heat and humidity. The India Meteorological Department announced the arrival of southwest monsoon in Delhi, which usually arrives in the national capital on June 27 and covers the entire country by July 8. Social media was flooded with photographs of waterlogged roads, with commuters complaining about the traffic and some seeking help from police.
Delhi received its first monsoon shower on Thursday, providing relief from the scorching heat. Taking to Twitter, the Delhi Traffic Police said, “As per the India Meteorological Department report, Thunderstorm with light to moderate intensity rain and gusty winds would occur over and adjoining areas of entire Delhi. Commuters are advised to plan their journey accordingly.” Barapullah, Ring Road and ITO were among several parts of Delhi that saw heavy traffic due to incessant rainfall.
In the first major spell this monsoon, intense rain for two hours during peak office hours on Thursday morning left Chandigarh and adjoining Panchkula and Mohali towns waterlogged, leading to traffic jams. The India Meteorological Department classifies rain between 64.5mm and 115.5mm as heavy. Till 11.30am, Yamunanagar recorded the highest rainfall in the region with 73mm followed by Chandigarh 68.2mm, Mohali 55mm, Panchkula 49.5mm, Patiala 23mm, Ambala 15 mm and trace rain in Ludhiana.
Three members of a family and their driver were found dead late on Wednesday in Mumbai's Kandivali West, which the police suspect was a deliberate act by the driver who allegedly killed the three before ending his life.
Students of a prominent college in Bihar's Munger city were allegedly allowed to write exams using their mobile phone torchlight. The incident was reported from RD & DJ College, Munger on Wednesday when the power had tripped due to inclement weather and the college generator was not functioning either. Another examinee without disclosing his identity said, “The college and university here are playing a cruel joke with students.”