Birgunj-based industrialist in police net on Rs 460m fraud charges

BIRGUNJ, August 2 :

Police have arrested a Birgunj-based industrialist on the charges of fraud amounting to Rs 460 million. The Parsa District Police Office arrested Sandip Kumar Agrawal following complaints that he had cheated businessmen from India, Singapore and Indonesia.

Agrawal who is originally from IndrapurVDC-1 of Banke has been operating a venture called Anuska Products at Pipara area under ward number 17 of Birgunj.

According to the police, complaints were lodged against Agrawal who has been accused of not clearing dues to exporters for machinery and beetel nuts that he bought for his industry which produces gutkha and pan masala.

“Following the complaints backed by evidences, we are investing into the case by arresting him,” Superintendent of Police (SP) Dhiraj Pratap Singh told Republica. “We have already been granted the order from the Parsa District Court to take him under the judicial custody until Tuesday. We will complete the investigation and file the case against him at the court by that time,” he added.

Agrawal is in the police net from last Thursday.

Parsa Police arrested Agrawal from New Baneswar in Kathmandu with the support of the Metropolitan Police Office Kathmandu and brought him to Birgunj.

According to police source, Agrawal has already confessed that he has dues to clear.

Indonesian exporting company´s representative Joji Saiman had filed the complaint against Agrawal, claiming that the latter was refusing to clear dues worth Rs 400 million.

According to the complaint sheet, Agrawal has been dilly-dallying to pay Rs 400 million to the Indonesian trader Amrik Saigal by importing the beetel nut. Agrawal had provided 20 checks to the Indonesian party, but all of them bounced. The bounced checks have also been attached with the complaint as evidences.

Likewise, the Singapore-based Smile and Ahmad Brothers has also claimed that Agrawal owes $ 351,276 to the company.

Similarly, Suresh Export and Badhwani Commodities Trading of the Indian town of Nagpur have also claimed that Agrawal has to pay them IRs 19.29 million and IRs 1.5 million respectively. The companies have sent Jayesh Pachmatiya as their representative to recover the dues from Agrawal.

Pachmatiya had also filed a complaint against Agrawal with the Parsa Police last Wednesday with a total claim of Rs 60 million, including the interest amount.

Indonesian representative Saiman had filed the complaint the next day.

The police have said that it has been investigating into the alleged fraud cases worth around Rs 460 million.

“We have initiated the legal battle against Agrawal when he started to issuing threats while we asked for our money,” Pachmatiya told Republica.

Source: Republica