Syndicate's kingpin who blackmailed Indiabulls housing finance arrested
Gurugram: The Gurugram police have achieved a major breakthrough when they arrested 58-year-old Ram Mani Pandey the kingpin of the gang that was trying to extort money from India Bulls Housing Finance by maligning its image.
He was arrested from Lucknow where he was panning to leave the country. The law eenforcement officials are now trying to find out the companies that have been targetted by thein
According to the law enforcement officials, the syndicate may have targeted more than 50 companies this way in the last one year in different cities, including Gurugram and Mumbai.
The gang was busted after the arrest of advocate Rammani Pandey on Thursday, said police, after they had allegedly tried to extort Rs 10 crores from Indiabulls's chief general manager in return for not leaking company data. His son Kislay Pandey is still at large and is suspected
In a raid at the offices of Managium Juris at Barakhamba road in Delhi, police found over a hundred blank affidavits favour of Kislay and his father by people who are allegedly made 'whistleblowers'.
"We also found signed complaints by a person named Vikash Shekhar against many companies, including SREI Finance, YesBank, Edelweiss, IIFL, and others addressed to various government authorities," said the police officer.
"We recovered even signed withdrawal letters sent to government departments nailing the allegation of blackmailing corporates."
In the Indiabulls case, for example, police recovered numerous petitions against the company in the name of people based out of cities and villages from Uttar Pradesh, Madhya Pradesh and Tamil Nadu. The management of Indiabulls has stated that a racket of blackmailers has been trying to extort money from Indiabulls over the past two months threatening to write complaints to various government departments alleging siphoning off Rs55,000 crore if Rs10 crore was not paid to them, following which the company filed an FIR ( first information report) on June 4. It has been further mentioned by the investigative agencies that the firm had floated a complaint against the firm.