NEW DELHI: The CBI has named 13 accused in the Rs.3079 crore stock scam including the “big bull” Harshad Mehta and his wife Jyou Mchia and some top state bank officials in a First Information Report (FIR) filed in the court of a special judge in Bombay India’s commercial hub capital of the western Indian state of Maharashtra CBI spokesman said June 4.
The FIR registered on May 29 in the CBIs (SIU 10) was filed before the court June 3 the spokesman said adding that the CBI raided at least 34 premises of Harshad Mehta and his associates in Bombay June 4 after obtaining search warrants from the court.
Harshad Mehtas two brothers Ashwani Mehta and Sudhir Mehta have also been charged in the FIR. Others are: C.L.Khamani deputy managing director A.N.Bavadekar deputy managing director security division and R.Sitaraman an employee of the security division of state bank of India Bombay
Besides “he Mehtas three employees of Harshads companies Messers Growmore and Mazda group of companies Pankaj V.Shah Atul Purikh and Hiten Mehta also figured in the FIR the spokesman said.
During the raids the CBI teams led by its joint director K.Madhavan seized a large number of documents. The CBI teams arrived in Bombay June 4.
Article extracted from this publication >> June 19, 1992
