.jpg)
Nagpur’s ?300 Crore Wasankar Scam: EOW Probe Under Scrutiny; Investors Outraged
Nagpur: The Wasankar Investment scam has once again raised serious questions regarding the functioning of Maharashtra's Economic Offences Wing (EOW). Investors have yet to receive any concrete relief in this massive financial fraud, valued at approximately ?300 crore. Instead, allegations of bias and corruption are being leveled against the EOW.
Recovery of Only ?12 Crore
In this scam, the following has come to light so far:
Fraud amounting to over ?300 crore has been revealed.
However, investigating agencies have managed to recover only ?12 crore.
These figures clearly point to the sluggish and weak progress of the investigation, sparking immense resentment among investors.
Investors' Allegations: Shielding the Main Accused
Aggrieved investor Sudhir Durugkar made serious allegations during a press conference. According to him:
The investigating agency attempted to shield major beneficiaries.
Several accused were given a clean chit on baseless grounds.
Key beneficiaries who siphoned off crores of rupees were not even named as accused.
Deception Spanning from High Court to Supreme Court
Investors claim that the accused:
Engaged in deception across judicial levels, from the High Court to the Supreme Court.
Influenced legal proceedings with the help of prominent lawyers.
Gained financial benefits by misusing government machinery.
Lack of Transparency in the Investigation
Serious questions have also been raised regarding the EOW's investigation:
Only select individuals were made witnesses.
Statements from all victims were not recorded.
A clear lack of transparency is evident in the investigation. Call for Victims to Unite
Sudhir Durugkar has urged all affected investors to unite and file a complaint with the Economic Offences Wing. This would facilitate an impartial and comprehensive investigation into the matter.
The Wasankar investment scam has not only caused financial harm to thousands of investors but has also raised serious questions regarding the credibility of the state's financial investigative agencies. All eyes are now fixed on this case to see whether the victims will receive justice or if this scam, like many others, will remain unresolved.
Nagpur: The Wasankar Investment scam has once again raised serious questions regarding the functioning of Maharashtra's Economic Offences Wing (EOW). Investors have yet to receive any concrete relief in this massive financial fraud, valued at approximately ?300 crore. Instead, allegations of bias and corruption are being leveled against the EOW.
Recovery of Only ?12 Crore
In this scam, the following has come to light so far:
Fraud amounting to over ?300 crore has been revealed.
However, investigating agencies have managed to recover only ?12 crore.
These figures clearly point to the sluggish and weak progress of the investigation, sparking immense resentment among investors.
Investors' Allegations: Shielding the Main Accused
Aggrieved investor Sudhir Durugkar made serious allegations during a press conference. According to him:
The investigating agency attempted to shield major beneficiaries.
Several accused were given a clean chit on baseless grounds.
Key beneficiaries who siphoned off crores of rupees were not even named as accused.
Deception Spanning from High Court to Supreme Court
Investors claim that the accused:
Engaged in deception across judicial levels, from the High Court to the Supreme Court.
Influenced legal proceedings with the help of prominent lawyers.
Gained financial benefits by misusing government machinery.
Lack of Transparency in the Investigation
Serious questions have also been raised regarding the EOW's investigation:
Only select individuals were made witnesses.
Statements from all victims were not recorded.
A clear lack of transparency is evident in the investigation. Call for Victims to Unite
Sudhir Durugkar has urged all affected investors to unite and file a complaint with the Economic Offences Wing. This would facilitate an impartial and comprehensive investigation into the matter.
The Wasankar investment scam has not only caused financial harm to thousands of investors but has also raised serious questions regarding the credibility of the state's financial investigative agencies. All eyes are now fixed on this case to see whether the victims will receive justice or if this scam, like many others, will remain unresolved.
Recovery of Only ?12 Crore
In this scam, the following has come to light so far:
Fraud amounting to over ?300 crore has been revealed.
However, investigating agencies have managed to recover only ?12 crore.
These figures clearly point to the sluggish and weak progress of the investigation, sparking immense resentment among investors.
Investors' Allegations: Shielding the Main Accused
Aggrieved investor Sudhir Durugkar made serious allegations during a press conference. According to him:
The investigating agency attempted to shield major beneficiaries.
Several accused were given a clean chit on baseless grounds.
Key beneficiaries who siphoned off crores of rupees were not even named as accused.
Deception Spanning from High Court to Supreme Court
Investors claim that the accused:
Engaged in deception across judicial levels, from the High Court to the Supreme Court.
Influenced legal proceedings with the help of prominent lawyers.
Gained financial benefits by misusing government machinery.
Lack of Transparency in the Investigation
Serious questions have also been raised regarding the EOW's investigation:
Only select individuals were made witnesses.
Statements from all victims were not recorded.
A clear lack of transparency is evident in the investigation. Call for Victims to Unite
Sudhir Durugkar has urged all affected investors to unite and file a complaint with the Economic Offences Wing. This would facilitate an impartial and comprehensive investigation into the matter.
The Wasankar investment scam has not only caused financial harm to thousands of investors but has also raised serious questions regarding the credibility of the state's financial investigative agencies. All eyes are now fixed on this case to see whether the victims will receive justice or if this scam, like many others, will remain unresolved.
