UPPCL PF rip-off: CBI registers case, rip-off of 2200 crores

by Jeremy Spirogis
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Lucknow. There was a PF rip-off of about Rs 2200 crore within the Uttar Pradesh Power Corporation Limited (UPPCL) division throughout the SP regime. Whatever was revealed within the Yogi authorities, the investigation of the case was handed over to the CBI. The CBI has lastly registered an FIR within the case. This FIR is lodged in severe sections like legal conspiracy and fraud. According to the data, sections 409, 420, 467, 468 and 471 of IPC have been imposed on this lawsuit.

Explain that the Yogi authorities had investigated the matter as quickly because it got here, wherein senior officers of the division had been accused that they’d invested the PF cash of the staff in DHFL. <! –

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                 The authorities handed over the investigation to IODW after which 17 folks together with UPPCL Director (Finance) Sudhanshu Dwivedi, Secretary Praveen Kumar Gupta, former MD AP Mishra, DHFL Regional Manager Amit Prakash, SMC officers, CA have been arrested. An FIR was additionally registered on this rip-off in Hazratganj Kotwali.

Explain that the EOW, which is investigating on this case, alleges that the previous MD of the corporate AP Mishra, together with former Finance Director Sudhanshu Dwivedi of UP Power Corporation and Pravin Kumar Gupta, former Secretary of the Employees Trust, bypassed the principles. Has invested hundreds of crores of provident funds into DHFL.

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