India News | Former Guj Milk Marketing Fed Chief Held in Embezzlement Case
Get latest articles and stories on India at LatestLY. Vipul Chaudhary, former chairman of Gujarat Cooperative Milk Marketing Federation (GCMMF) has been arrested for his alleged role in a Rs 14.8 crore embezzlement case involving bonus of employees of a Mehsana-based dairy entity to which he was connected, police said on Sunday.
Ahmedabad, Dec 13 (PTI) Vipul Chaudhary, former chairman of Gujarat Cooperative Milk Marketing Federation (GCMMF) has been arrested for his alleged role in a Rs 14.8 crore embezzlement case involving bonus of employees of a Mehsana-based dairy entity to which he was connected, police said on Sunday.
Chaudhary was arrested on Saturday from Gandhinagar for allegedly embezzling Rs 14.8 crore that was meant to give bonus to employees of Dudhasagar Dairy cooperative in Mehsana, of which he was a former chairman, a state CID (Criminal Investigation Department) official said.
Also Read | Bannanje Govindacharya Dies at 84: PM Narendra Modi Condoles Renowned Sanskrit Scholar’s Demise.
An FIR was lodged against Chaudhary and others, including Dudhsagar chairperson Ashaben Thakor, vice chairman Modhjibhai Patel and managing director NJ Bakshi, in CID Crime police station in Gandhinagar, the CID said in a release.
They were booked under various sections of the Indian Penal Code (IPC) and the Prevention of Corruption Act for breach of trust and criminal conspiracy among other offences, it added.
Also Read | JP Nadda Tests COVID-19 Positive, BJP President Tweets to Confirm, Says Will Remain in Home Isolation.
Chaudhary was in the past sacked aschairman of GCMMF and Dudhsagar Dairy over an alleged scam in which cattle feed was provided free of cost to the Maharashtra government, thereby causing a loss of Rs 22.5 crore.
A tribunal court had, in 2018, directed Chaudhary to deposit 40 per cent of Rs 22.5 crore, or over Rs 9 crore, with Dudhsagar Dairy by October, 2019.
To accumulate this amount, Chaudhary and other accused allegedly hatched a conspiracy and misused their financial authority to involve 30 officials to siphon off Rs 14.8 crore earmarked as bonus for 1,932 staffers of Dudhsagar, the CID said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)