Mumbai: The Economic Offences Wing (EOW) of the Mumbai Police has re-registered a major corporate fraud case involving ₹68 crore against the directors and key officials of Boston Ivy Healthcare Pvt. Ltd., originally an FIR filed at MIDC Police Station and now transferred to the EOW. An FIR has been registered under sections 316(5), 344, 351, 61(2), and 3(5) of the Bharatiya Nyaya Sanhita (BNS). The alleged offences took place between April 1, 2024, and August 30, 2025.

The complainant, Vivek Tiwari (47), a former Chief Executive Officer and 13% shareholder of the company, has accused the directors of arbitrarily terminating him from his position and engaging in large-scale financial irregularities. The alleged fraudulent activities occurred at the company’s registered office located at 2nd Avenue, Unit No., Viravali Village, near SEEPZ, MIDC Central Road, Mahakali Caves Road, Andheri East.

According to the complaint, after Tiwari’s removal, the accused directors allegedly allotted company shares to an ESOP Trust at grossly undervalued rates. They are also accused of siphoning off approximately ₹264 crore from the company’s accounts to various unrelated third parties between April 2024 and August 2025. Tiwari, along with co-promoter Ketan Malkan also a 13% shareholder claims to have suffered a combined loss of ₹68 crore due to these alleged acts of misappropriation and corporate fraud.

The accused in the case include Nitish Bandi, Pinak Shrikhande, Charles Janssen, Ravishankar Gopalkrishnan, Jens Nieuwenborgh, CEO Dinesh Lodha, CFO Raman Chawla and other associated individuals. The EOW is investigating the flow of diverted funds and examining company transactions to determine the extent of the financial fraud.

Mumbai: In an intense conversation with Former Mumbai Police Commissioner and ex-DGP of Maharashtra D. Sivanandhan, Media Journalist Balakrishnan spoke about the nexus between some policemen and the underworld.

In a startling revelation, the Media journalist revealed that during his visit to Dubai some years back, he went to Dawood Ibrahim’s patatial house called the ‘White house’, where the underworld don had received a phone call from Assistant Mumbai Commissioner allegedly seeking money for the gangster’s daughter’s wedding.

In an exclusive conversation, Media Balakrishnan said, “While I was talking to him, his PA came and told him that there is a call for you.”

The journalist said that Dawood winked and told him to keep quiet. While listening to their conversation on speaker, Media journalist heard, “Sir apka beti ka shadi toh apka yaad aya meko.”

Dawood responded by asking, “Kitna Chahye?”

On this, the Assistant Police Commissioner replied saying, “Jo apko lage, Apka beti ka shaadi hai.” Dawood then reportedly sent him Rs 10 lakh.

Speaking on the issue, Sivanandhan explained that not every officer in Maharashtra’s 2.5 lakh with 50000 in Mumbai is corrupt, but since they are recruited from society, some do fall into its darker influences.”We recruit them from the society, and the society comes along with all black, yellow, green colours.”

The conversation came in context about the nexus between some policemen and the underworld.

When ex-DGP of Maharashtra D. Sivanandhan was asked about the nexus between some policemen and the underworld, so much so that people used to talk about gang war within the police. On this, the ex-top cop defended, saying, “Tell me, from where do the policemen come? They come from the same society where the criminals are also coming.”

Further explaining, he also revealed, “In many of the cases where some shootout took place and when we went to raid the criminal’s house, we use to see a police uniform hanging. When we ask, the policeman’s sister was married to the gangster.”

“It’s a society where they live very, very closely,” the top cop confirmed. In another revelation, without sharing the identity, he also added, “There are also policemen working in gangs now.”

He added that, “So when policemen are accused of participating on behalf of some gang or other, I would wouldn’t deny that. I would agree. He added that the irresistable amount of money given to the gangster is unbelievable. Policemen are succumbing to that.”

The cop further raised questions on the government and said, “What was the guarantee or what was the support given by the government for policemen to insulate themselves from such kind of irresistable offers.” “When the policemen is prosecuted, not even a lawyer is given to them,” the ex-DGP said.

Mumbai: In four separate operations, the Airport Customs officials during the period of October till October 28, have seized drugs collectively worth Rs 12.50 crores and iPhones, laptops, liquor bottles and cigarettes totally worth Rs 56 lakh.

According to the agency sources, on the basis of specific intelligence, the Customs officers at Chhatrapati Shivaji Maharaj International Airport (CSMIA), intercepted three passengers arriving from Bangkok to Mumbai.

During the examination of the baggage, the Customs officers recovered 6.48 kg of suspected hydroponic weed (marijuana), with an illicit market value of approximately Rs 6.48 crores.

In another case, on the basis of specific information, the Customs officers intercepted two passengers arriving from Bangkok. During the examination of the baggage, the Customs officers recovered 3.98 kg of marijuana valued at Rs 3.98 crores.

In the third such case, on the basis of specific intelligence, the Customs officers intercepted one passenger arriving from Bangkok. During the examination of the baggage, the Customs officers recovered 1.94 kg marijuana, with an illicit market value of approximately Rs 1.94 crores.

In all the three cases, the narcotic substances were concealed inside the checked-in trolley bag carried by the six passengers, who were arrested under the provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act.

In the fourth case, on the basis of profiling, the Customs officers at the airport intercepted three passengers arriving from Sharjah to Mumbai. During the examination of the baggage, the Customs officers recovered Apple Iphones 17 pro max (40 pieces), laptops (30 pieces), liquor bottles (12) and cigarettes collectively valued at Rs 56.55 lakh.

The said goods were concealed inside the checked-in trolley bag carried by the passengers, who were arrested under the provisions of Customs Act, 1962.