Aarudhra scam: Red corner notices, look-out circulars issued

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Aarudhra scam: Red corner notices, look-out circulars issued


Red corner notices and look-out circulars have been issued in opposition to managing administrators of Aarudhra Gold Trading Private Limited Rajasekar and Usha Rajasekar, following complaints that the corporate has not paid capital and curiosity to the tune of ₹2,348 crore to about one lakh traders, Chief Minister M.Ok. Stalin mentioned within the Assembly on Thursday.

A complete of twenty-two people have been recognized as accused in reference to the case by the Economic Offences Wing and 11 individuals have been arrested to this point, Mr. Stalin mentioned whereas responding to considerations raised by CPI’s T. Ramachandran (Thalli) within the House. Funds to the tune of ₹96 crore from financial institution accounts and 93 immovable properties have been frozen, he mentioned.

A chargesheet is about to be filed on this case quickly, Mr. Stalin mentioned. The DMK authorities has been taking motion in opposition to finance corporations together with Hijau, IFS, Elfin, CVRS Chits, Rahat, “as they too were involved in financial fraud”, he mentioned and added that he has instructed the police to arrest the accused individuals, freeze their properties and financial institution accounts and return cash to the traders.

During his speech within the debate on the demand for grants for the police division, Congress ground chief Ok. Selvaperunthagai (Sriperumbudur) mentioned that there was “political background” within the Aarudhra rip-off and referred to as upon the DMK authorities to call these behind the rip-off.

On one other event, Mr. Selvaperunthagai made some remarks which have been strongly objected to by the AIADMK. The Congress charged that the BJP staged a walkout when the DMK led to a decision for the welfare of Dalit Christians and that “some party” boycotted when Minister for Adi Dravidar Welfare gave her reply within the House.



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