Had allegedly duped owners of 5 construction firms of over Rs. 150 cr
Gurugram, Jan. 29 (Delhi Crown): A Sessions court in Gurugram rejected the bail applications of two sisters in a case of allegedly duping owners of five city-based construction firms of over Rs. 150 crore.
The duo – Mamta and Ritu Raj were arrested on January 13 and currently lodged in Bhondsi Jail.
Both are relatives of Praveen Yadav, the prime suspect in the case who was a deputy commandant of the Border Security Force (BSF) and was posted at the National Security Guard (NSG) on deputation.
Police said Praveen had opened a fake private company and made his wife Mamta and sister Ritu Raj directors. Ritu worked with a private bank in Sector 83 in Manesar and lived on the NSG campus with her husband, who is an assistant deputy commandant and is allegedly absconding.
She allegedly helped her brother open the bank accounts on forged documents and transfer money by taking advantage of her bank job.
While dismissing the bail applications, Additional Sessions Judge (ASJ), Gurugram, Mona Singh said, “At this stage it is pertinent to mention here the statements of bank transactions in the name of accused persons, produced by the police, wherein even before the opening of the company, several financial transactions took place between co-accused Praveen and both the applicants-accused and huge amount has been credited in the accounts of both the applicants-accused.”
The lady judge added – “During the course of arguments, learned counsel for the applicants-accused has even been asked to show the source of the amount credited in the accounts of the present accused persons, especially when Mamta is not working and Ritu Raj was a branch manager.”
The defence counsel said that both his clients are women and have breast-feeding children.
On the other hand, the Public Prosecutor opposed the bail applications saying, “The present FIR is not an encyclopaedia for narrating the entire incident, rather it is just an information to set the investigation into motion. It is further brought to the notice of the court that the persons mentioned as accomplices have also been found to be involved in the fraudulent transactions. Therefore, they are not entitled for concessions of bail and the instant applications are required to be dismissed.”