DSK case now to be probed by SFIO, but Kulkarnis to report to EOW authorities from Feb 7 to 11
The Bombay high court on Monday came down heavily on the state government and Pune police for conducting a shoddy investigation into the DSK investor scam.pune Updated: Feb 08, 2018 15:47 IST
The multi-crore DSK investor cheating scam will now be probed by the Serious Fraud Investigation Office (SFIO) instead of the Economic Offences Wing (EOW) of Pune Police.
A decision to the effect was taken by the ministry of corporate affairs.
Meanwhile, the prominent real estate developer DS Kulkarni and his wife Hemanti visited the Pune Police Commissionerate and were questioned by the EOW sleuths.
The Bombay high court on Monday had directed DS Kulkarni and his wife Hemanti to report to the economic offences wing (EOW) every day from February 7 to 11 and cooperate with the ongoing financial probe into a case under the Maharashtra Protection of Interest of Depositors (MPID) Act lodged by the depositors.
The Kulkarnis have to report to the EOW authorities every day between 11 am to 5 pm.
The Bombay high court on Monday came down heavily on the state government and Pune police for conducting a shoddy investigation into the DSK investor scam.
Hearing the bail application of DS Kulkarni and his wife Hemanti the court observed, “The state government must refrain from bureaucratic paperwork. Don’t you feel ashamed as a state government and as an investigation agency,” it told the government and the police.
The court further observed, “Doesn’t the state government have some responsibility when it comes to investigation. You have never said once that you need DSK’s police custody before the court.
“You say that DSK is cheating and misleading investors and that this is a habit but isn’t it your responsibility to take this forward,” the court said and asked DSK and wife Hemanti to remain present before it on February 13.