A Division bench of the Bombay High Court at Goa comprising of Justice
F.M.Reis and Justice Nutan Sardessai on Monday sought a reply from the
Central Bureau of Investigation (CBI) on taking over the investigation of
the multi crore scam involving Margao based Kamakshi Forex owned by Nilesh
Adjourning the case to October 18th, the Court made it clear that it was
not seeking a consent from the CBI but only wanted to know whether the CBI
has any impediment to probe the case.
The High Court is contemplating handing over the investigation of the case
to the CBI after expressing strong displeasure over the very lax probe by
the Economic Offences Cell (EOC) of the Goa Police which is currently
investigating the case.
Seeking a CBI investigation into this mega multi crore scam the duped
investors have pointed out to the Court that the Goa Police were hand in
gloves with the politically very influential Nilesh Raikar who had duped
almost 800 investors to a tune of a whopping over 55 crores.
Pointing out that every crime had to be investigated strictly in accordance
with law and in the same zeal, it has been submitted to the Court that the
Goa Police which had recently gone overboard in probing certain other cases
involving a couple of crores was now intentionally dragging its feet while
conducting only a superficial probe into this over 55 crore scam by Nilesh
Raikar and had not even cared to probe where the accused Nilesh Raikar has
diverted and parked those 55 crores.
The EOC last month after directions of the High Court registered 10 F.I.Rs
<http://f.i.rs/> against Nilesh Raikar, Nilima Raikar and. Rekha Raikar
under Sections 406, 420, 421, 423 & 120-B of the Indian Penal Code for
having committed offences of cheating and breach of trust.
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