Embezzlement of crores of rupees in Grand Vision cable business, case registered against partner

Rajnandgaon: A case of fraud worth billions of rupees has come to light in the cable industry. Akash Das, one of the partners of Chhattisgarh’s largest cable company Grand Vision, and his associates committed a fraud of Rs 2 crore 74 lakh.

Grand Vision has filed a complaint at Basantpur Rajnandgaon police station alleging that Akash Das, one of the partners of the firm, conspired and misappropriated the funds received from the cable business in violation of the criminal justice system. After investigation of the incident, a case was registered against the three accused at Basantpur police station under sections 120B and 409 and a search operation was launched to arrest the accused.

According to the information, accused Akash Das is mainly a resident of Rajendag.
For this reason, Kabul was converted into Rajnadgaan by him. For some time, several frauds were discovered in the company’s books. When we sought information from Akash Das in this regard, he was hesitant in taking risk regarding the account. Later, during the restatement of the company’s financial statements, material irregularities were found in the financial statements. Accused Akash Das, along with his associates, illegally transferred the amount from Grand Vision to the account of persons named Rajeev Panjiyala and Nando Bhutla without any purpose or consent.

On the other hand, both defendants had nothing to do with Grand Vision. Thus, all the defendants failed to transfer the funds received from Grand Vision customers to the company, embezzled the amount and absconded. Let us tell you that cable entrepreneurs Akash Das, Rajeev Panjiala and Nando Bhutla are absconding after embezzling billions of rupees from the customers of Grand Vision Cable Company. In this case, Basantpur police station has registered a charge of fraud and preparing fake documents under sections 120B and 409 and is searching for the accused.