'Surendra Hiranandani still missing'
The Central Bureau of Investigation (CBI) on Friday told the high court that Hiranandani Group director Niranjan Hirandani’s brother Surendra, is still absconding.mumbai Updated: Aug 21, 2010 02:14 IST
The Central Bureau of Investigation (CBI) on Friday told the high court that Hiranandani Group director Niranjan Hirandani’s brother Surendra, is still absconding.
The Hiranandani brothers are accused in an alleged provident fund scam worth more than Rs 160 crore.
The agency, on Friday, informed the court that Niranjan had appeared before the court on August 4, a day after they had issued a lookout notice against him and Surendra.
The CBI also told the court that the brothers were the direct beneficiaries of the scam and their custodial interrogation is required to gather more information.
The CBI had registered a case against the brothers in 2008.
According to the agency, the First Information Report (FIR) was registered on March 29, 2008 on the basis of a specific intelligence. Later, a case of criminal conspiracy and cheating was registered against them.
Others named in the FIR are four provident fund officers of the Hiranandani group.
According to the CBI, Hiranandani group had not deposited employees’ provident fund to their accounts for the year 2003-2004.
On July 31, the high court had granted bail to General Manager Joseph Reddy and project director C. Pithawala who are allegedly involved in the case.