The prosecution continued its argument in connection with the bail application filed by DSK Chief Operating Officer (COO) Dhananjay Pachpor arrested in the Rs 2043 Crore Investor Deposit Scam. The arguments were held in the court of Special Judge D G Murumkar on Thursday. The court has kept Sept 6 as the next date of hearing in the case. Special Public Prosecutor Pravin Chavan said that role of Dhananjay Pachpor in Phursungi land deal was of crucial importance and he had been a beneficiary of Rs 49 lakh which he had taken from one of the DSKDL company accounts.
Pointing out his specific role in the scam, SPP Chavan said that bail should not be given to Pachpor as his deep involvement in land scam warranted further investigation by the police. The investigation revealed that the offence took place between 2006 to 2017 in the jurisdiction of Pune Court. The FIR, in short has alleged that DSK company cum Firms in order to dupe people had collected money from people under the garb of either deposits or loans, illegally by enticing with irrational and unreasonable returns, by way of advert ising, Fixed Deposit ( FD) function and
also through their agents.The said money was siphoned off and the company failed to repay it. Not only the accused failed to pay the interest but also the cheques issued by them were dishonoured. The directors of DSKDL Company were agents and merchants as per provisions of law. Investigation till date has revealed that during the said period, offences have been committed u/s 120 B, 409, 406, 411, 420, 465, 467, 468, 471, 109 r/w 34 of IPC and Section 3 and 4 of MPID ACT by various accused at different point of time and places.
The investigation revealed that ini ially the main conspiracy was hatched in mid of 2006 by a group of six accused (Deepak Kulkarni, Hemanti Kulkarni, Shrish Kulkarni, Kedar Vanjape, Anuradha Purandare and Dhananjay Pachpor) with dishonest, fraudulent and common intention to misappropriate and siphon off crores of rupees from DSKDL Public Ltd Company. One of the discussions among these accused of the plan to implement the conspiracy was revealed to be done in October 2006. At that time they had a common intention to implement a general plan to accomplish a common design by such means as may from ime to t ime be found expedient. As such they had agreed among themselves to execute the conspiracy to siphon of the funds of DSKDL Public Ltd Company either collected from common public under the garb of deposit or received under the garb of loan etc. and to misappropriate them, by doing illegal transactions, illegal acts and using illegal means. As such they had commit ted an offence under sect ion-120 B of the Indian Penal Code ( IPC) , the police stated in their chargesheet submitted to the court.
{{/usCountry}}The investigation revealed that ini ially the main conspiracy was hatched in mid of 2006 by a group of six accused (Deepak Kulkarni, Hemanti Kulkarni, Shrish Kulkarni, Kedar Vanjape, Anuradha Purandare and Dhananjay Pachpor) with dishonest, fraudulent and common intention to misappropriate and siphon off crores of rupees from DSKDL Public Ltd Company. One of the discussions among these accused of the plan to implement the conspiracy was revealed to be done in October 2006. At that time they had a common intention to implement a general plan to accomplish a common design by such means as may from ime to t ime be found expedient. As such they had agreed among themselves to execute the conspiracy to siphon of the funds of DSKDL Public Ltd Company either collected from common public under the garb of deposit or received under the garb of loan etc. and to misappropriate them, by doing illegal transactions, illegal acts and using illegal means. As such they had commit ted an offence under sect ion-120 B of the Indian Penal Code ( IPC) , the police stated in their chargesheet submitted to the court.
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