DSK investor deposit scam: EOW officials arrest DSK Group’s finance officer
So far, six persons out of the 13 accused have been arrested in the case.pune Updated: May 18, 2018 17:00 IST
On Thursday morning, economic offences wing (EOW) officials arrested one more DSK official, Vinay Kumar Raghvendra Badgandi, who was the finance officer of the group. So far, six persons out of the 13 accused have been arrested in the case.
EOW sleuths probing the Rs 2,043 crores DSK investor deposit scam produced three persons before the court of special judge JT Utpat on Thursday. The three arrested accused, Kedar Vanjpe, DSK’s elder brother’s son-in-law; his wife Sai and Dhananjay Pachpor, DSK Group’s former chief operating officer (COO), were remanded in police custody till May 25. The trio has been accused of furthering the scam for DSK and also siphoning funds of investors.
Vanjpe and Pachpor were arrested in the case registered at Shivajinagar police station in 2017 against the DSK Group.
Sudhir Hiremath, deputy commissioner of police (EOW and cyber cell), said that the Kulkarni couple was in judicial custody and are lodged in Yerwada central prison after the police recovered proof of their involvement in the scam, the charge sheet for which was filed on Thursday. The police have seized laptops and pen drives of the arrested accused to extract information as part of enhancing forensic probe in the case.
“During the course of investigation, we have found that money was siphoned in the names of DSK’s relatives, and institutions, among others. This is where Vanjpe, Sai, Pachpor and Badgandi come into the picture.
“They have colluded in the scam and their role is probed. Pachpor was one of the prominent persons of DSK Group and helped in all crucial matters relating to the company. He is a pivotal link in the scam,” said Pravin Chavan, special public prosecutor.
Vanjpe, an independent realtor, had posted videos on social media vowing to “expose” the tainted developer.
DSK, in a media briefing on November 21 last year, had alleged that Vanjpe was behind all ills happening to him and described him as the main reason for his debacle.
Following the allegations, Vanjpe slapped a Rs 100 crore defamation suit against DS Kulkarni and demanded a public apology.
Vanjpe, who worked with DSK till 2009, parted ways owing to sharp ideological differences. Pachpor was a coordinator at DSK School before becoming the public relations officer of DSK Group in July 2006.
He was the chief operating officer of the company since April 2011, till he quit the post in 2017.