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New India Cooperative Bank Scam: Dharmesh Paun Claims He Received ₹2 Crore From Hitesh Mehta, Returned ₹1.50 Crore

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Mumbai: In a fresh twist to the New India Cooperative Bank ₹122 crore scam, accused Dharmesh Paun has claimed that he received ₹2 crore from main accused Hitesh Mehta, but later returned ₹1.50 crore. The Economic Offences Wing (EOW) suspects that Paun misappropriated ₹70 crore for an SRA project in Kandivali’s Charkop area.

Investigators have raised concerns as Paun’s ₹300 crore SRA project is on collector’s land, and he has not secured a bank loan due to land ownership restrictions. Typically, builders take loans for such projects, but EOW has found no loan-related documents in Paun’s possession.

In December 2016, Paun registered his company Dharmesh LLP and began the Charkop SRA project in 2018. In 2016, Paun sold a flat to Mehta, who later resold it to a third party. This marked the beginning of their association. Hitesh Mehta joined New India Cooperative Bank in 1988 as an accountant and has two children, one of whom is preparing for CA exams.

A senior EOW official has revealed that they plan to summon the bank’s internal and concurrent auditors. Eow has seized CCTV footage of last three weeks. The key question: How did Mehta siphon off ₹122 crore in small amounts over five years without auditors noticing?

Further suspicions arose when, on February 12, RBI officials conducted an inspection and discovered that ₹122 crore was missing from the bank’s locker.

However, instead of filing a complaint, the Acting Chief Executive Officer, Devarsi Ghosh, lodged the FIR at Dadar Police Station. If RBI officials found discrepancies in the locker funds, why didn’t they file the complaint themselves? The investigation continues.

The Economic Offences Wing (EOW) of the Mumbai Police is investigating the scam, which involves siphoning off ₹122 crore from the bank’s funds. Hitesh Mehta, the former General Manager and Head of Accounts, was arrested earlier for his alleged role in diverting the money to multiple beneficiaries.

In the ongoing probe into the ₹122 crore fraud at New India Cooperative Bank, key accused Hitesh Mehta has admitted to diverting ₹70 crore to Dharmesh Paun and ₹40 crore to Arunbhai. During interrogation, Mehta revealed that he had funded Paun’s SRA project in Charkop with ₹70 crore.

However, no official documentation exists to support this transaction. So EOW officer will retrieve the WhatsApp message history of both accused.

Meanwhile, Dharmesh Paun has denied receiving such a large sum and has instead claimed that he only took ₹2 crore from Mehta, out of which he returned ₹1.50 crore. The Economic Offences Wing (EOW) is investigating this conflicting narrative and verifying the financial trail.

Crime

Assam Shocker: Mob Attacks Congress MP Rakibul Hussain & Son With Cricket Bat, Police Fire In Air To Disperse Violent Crowd

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Guwahati: Congress MP Rakibul Hussain and his son were reportedly attacked by a mob in Rupahihat, Assam’s Nagaon district, on Thursday, February 20. Hussain, along with his son, was travelling to a party workers’ meeting in Gunabari when the incident took place.

According to eyewitnesses, a group of individuals with their faces covered in black cloth intercepted Hussain’s convoy at Natun Bazar. They waved black flags in protest before launching a physical assault, creating chaos in the area.

Hussain and his son tried to escape on a scooter but a man attacked them severely with a bat as shown in the visuals, making the MP fall from the vehicle. Police around had to fire in the air to disperse the raging crowd.

In another clip shared on social media, Hussain could be seen rescued on a scooter, with his son Tanzil following behind him.

Local authorities acknowledged that the incident has heightened tensions in the area, prompting enhanced police patrols and a thorough investigation to identify those responsible.

A senior police official told media“The situation is stable, and we are dedicated to addressing such acts of violence with urgency.”

Dhubri MP Hussain, who escaped unscathed, condemned the attack as “a blatant attempt to undermine democratic principles” and called for restraint among his supporters. Meanwhile, the Congress party has strongly urged a comprehensive inquiry into the security breach.

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Crime

Jharkhand’s 10th board science paper leaked, exam to be cancelled

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Ranchi, Feb 20: The Jharkhand Academic Council (JAC) admitted that the Class 10 science board exam paper was leaked before the examination held on Thursday morning.

JAC President Natwa Hansda announced that the exam will be cancelled now in the entire state.

Following the leak, state Chief Secretary Alka Tiwari convened a high-level meeting on Thursday afternoon. The government has ordered a thorough investigation into the matter.

Reports suggest that the science question paper had been circulating widely on Wednesday and was available for sale. Student leader Devendra Nath Mahato met JAC officials on Wednesday with a copy of the leaked paper.

When the exam began at 9.45 a.m. on Thursday, the questions matched exactly with the leaked version. The matter was immediately reported to the state government, prompting swift administrative action to cancel the paper.

Hansda stated that a high-level committee would be formed to probe the leak.

This is not the first time that a paper has been leaked in Jharkhand before the examination. Earlier, there were strong rumours about the Hindi exam paper being leaked.

Mahato had also submitted a memorandum regarding this to the JAC Secretary.

At that time, the council dismissed the claims, issuing a general notice urging students to ignore rumours. The notice emphasised JAC’s commitment to conducting fair and confidential examinations and warned against anti-social elements spreading misinformation to exploit students and parents financially.

The Class 10 board exams in Jharkhand commenced on February 11, with 1,297 examination centres set up across the state for 4,33,890 students.

Earlier the examination was to end on March 3, but according to the changed schedule, the exams will be conducted till March 4. However, now due to the cancellation of the Science exam paper, it will be further extended.

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Crime

Supreme Court Denies Bail To Arun Gawli, Upholds Life Imprisonment In Corporator’s Murder Case

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New Delhi: The Supreme Court on Thursday denied bail to gangster-turned-politician Arun Gawli, who is serving life imprisonment in a murder case.

Gawli, who is undergoing life imprisonment for the 2007 murder of Mumbai Shiv Sena corporator Kamlakar Jamsandekar, claims to have complied with all the conditions of the 2006 remission policy.

A bench of Justices Sudhanshu Dhulia and K Vinod Chandran refused to interfere with the Bombay High Court which had rejected his bail.

The Nagpur bench of the Bombay High Court on January 7 had granted a 28-day furlough to Gawli.

Gawli approached the Nagpur bench of the high court, praying for his release as his application was earlier rejected by the Deputy Inspector General (DIG) Prisons, (East division) Nagpur.

He shot into prominence from Dagdi Chawl, a neighbourhood of Byculla, and is the founder of the Akhil Bharatiya Sena. He was an MLA from 2004-2009 from the Chinchpokli seat of Mumbai.

Gawli was arrested in 2006 and was put on trial for the murder of Jamsandekar. In August 2012, a sessions court in Mumbai sentenced him to life imprisonment in the case and imposed a fine of Rs 17 lakh on him.

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