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 Raikar.
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. Aires Rodrigues Advocate High Court C/G-2, Shopping Complex Ribandar Retreat, Ribandar – Goa – 403006 Mobile No: 9822684372 Office Tel No: (0832) 2444012 Email: airesrodrigu...@gmail.com Or airesrodrig...@yahoo.com You can also reach me on Facebook.com/ AiresRodrigues Twitter@rodrigues_aires www.airesrodrigues.com