Patna businessman’s fraud exposed in liquor scam, fake bank guarantee game of Rs 5.35 crore; Relief to Vinay Singh from SC:

News India Live, Digital Desk: The Anti-Corruption Bureau (ACB), which is investigating Jharkhand’s much talked about liquor scam, has made a big revelation. The strings of this scam have now been connected to Patna, the capital of Bihar. ACB investigation has revealed that the managing director of a Patna company tried to defraud the government of crores through fake bank guarantees. At the same time, news of big relief has come from the Supreme Court for the other accused businessman Vinay Singh related to the same case.

Fake bank guarantee of Rs 5.35 crore: This is how ‘illusion’ was created

According to ACB investigation, Patna company ADSEP Mega Infrastructure MD of Shyamji Sharan Played a key role in this entire game.

Secret MoU: Shyamji Sharan’s company had entered into a secret agreement with Vision Hospitality (human resource provider company).

Bank fraud: Vision Hospitality had earlier given a valid guarantee of ‘Bank of Baroda’, which was later found guilty of conspiracy. Punjab and Sindh Bank (New Delhi) of ₹5,35,35,241 was replaced with a fake bank guarantee.

Investigation revealed: When the ACB team visited the bank and verified, the bank officials clarified that they had never issued any such guarantee. Even the letterhead and seal of the bank were found to be fake.

Big relief to businessman Vinay Singh from Supreme Court

Liquor and land scam accused and owner of Nexgen Motors Vinay Singh and his wife Snigdha Singh Has got relief from the Supreme Court of the country:

Regular Bail: The Supreme Court has granted regular bail to Vinay Singh in two separate cases.

Prohibition on punitive action: Snigdha Singh has been granted protection from any kind of punitive action in three cases.

Court’s concern: The Supreme Court expressed surprise and concern that despite getting bail, new cases are continuously being registered against the accused.

Tightening the noose on IAS Vinay Choubey and syndicate

It has become clear from the charge sheet of ACB and the investigation so far that this scam was not limited to only a few businessmen. suspended ias officer Vinay Kumar Choubey And the syndicate of Chhattisgarh together made such policies which could benefit particular agencies.

Initial figure of Rs 38 crore: ACB has so far confirmed a scam of Rs 38 crore, but after the entry of ED, this figure is likely to increase further.