Kejriwal-led Delhi Urban Shelter Improvement Board ‘misappropriated’ 207 crore rupees, CBI registers case

As Delhi heads into yet one more lockdown, the Central Bureau of Investigation has alleged “Misappropriation” Of ₹ 207 crore detected in Delhi shelter board which spells bother for the Arvind Kejriwal-led AAP authorities in Delhi.The company whereas alleging that an account within the identify of the board was opened within the financial institution in October 2020 primarily based on faux paperwork and the cash was “misappropriated”, has registered a case in opposition to unknown officers of Delhi Urban Shelter Improvement Board (DUSIB) and Bank of Baroda.The FIR states that the Delhi Urban Shelter Improvement Board confirmed an funding of ₹ 214 crores in 112 fastened deposits in Bank of Baroda between final September and March 31 this yr, nevertheless, “….the preliminary investigation has revealed that only three of these FDRs (fixed deposit receipts) worth ₹ 6.01 crore are genuine and the remaining 109 FDRs of ₹ 207 crore are fake and not issued in the name of DUSIB,” learn the FIR.NDTV quoted CBI sources as saying, “the preliminary investigation has revealed that only three of these FDRs (fixed deposit receipts) worth ₹ 6.01 crore are genuine and the remaining 109 FDRs of ₹ 207 crore are fake and not issued in the name of DUSIB.”In truth, in response to NDTV, the board officers couldn’t present the unique copies of FDRs and so they had solely the A4 copies of the mentioned 112 FDRs.It is pertinent to notice that DUSIB is an autonomous physique which features below the ambit of the Delhi authorities. The chairperson of the board is none aside from the Delhi Chief Minister Arvind Kejriwal.“It was alleged that during the year 2020-2021, DUSIB has transferred money from five different accounts of DUSIB maintained in Central Bank of India, Vikas Kutir, New Delhi to Bank of Baroda, Paharganj branch for the purpose of investing in FDRs, but the unknown officials of DUSIB in conspiracy with the unknown officials of Bank of Baroda diverted the said funds to the tune of ₹207.99 crore (approximately),” mentioned CBI spokesperson R C Joshi in a press release.Whereas DUSIB CEO Vijay Kumar Bidhuri in a press release mentioned, “It’s a common practice in government departments to invest in FDs… This decision and procedure followed by the internal finance division is not directly handled by the CEO. Here, CBI is saying the FDs issued by Bank of Baroda are fake and only three are genuine. It’s a matter of investigation and DUSIB also wants that truth should come out at the earliest.”In the arrival of any incriminating proof getting unearthed by the CBI, it can spell critical bother for Arvind Kejriwal and his Aam Aadmi Party.