Former Minister of State and ex-chairman of Mehsana District Cooperative Producers Union Ltd (Dudhsagar Dairy) Vipul Chaudhary had siphoned off Rs 800 crore from the cooperative, the Gujarat Anti Corruption Bureau said on Thursday.
ACB's Joint Director Makrand Chauhan told media persons that during his tenure, Vipul Chaudhary indulged into malpractices by various means.
"As a chairman he misused his power and gave contracts of cooler at high price and made money from the contract, same way, he gave contract of advertisements on hoardings at a very high price, he bought sack bags at a very high prices."
Later, the contractors paid bribes to 31 different companies, which were either controlled, owned or run by Vipul, his family members or relatives, friends, and from their accounts the amount was either withdrawn or diverted.
The ACB late Wednesday night picked up Vipul Chaudhary from his Gandhinagar residence and arrested him on Thursday.
In the past too, a case was registered against him.
A complaint was filed on Wednesday against four persons, Vipul, his son Pawan, wife Geetaben and his personal secretary and Chartered Accountant Shailesh Parikh.
ED recovers over 19 kg gold from bank locker of cyber thug
The Enforcement Directorate (ED) has seized 19.5 kg of gold valued at Rs 14.04 crore from the locker of a cyber fraudster maintained in the name of his mother with the Ballabgarh branch of Indian Bank in Haryana's Faridabad on May 3, said an official on Monday.
Poonch terror attack: Security forces release sketches of two terrorists
One air warrior, Corporal Nikky Pahadem was killed and four others injured when terrorists attacked two IAF vehicles in the Bakrabal (Sanai) area of Surankote in Poonch on May 4.
Over 30 LS seats from Bengal assured this time, says Home Minister Amit Shah
He also said that Trinamool Congress can't relieve the people of the state from such menaces. He also appealed to the people to vote without fear, since the Election Commission of India (ECI) this time has made watertight security arrangements in the state.
PPE-clad thieves clean Nashik ICICI Home Finance locker of Rs 5 cr gold jewellery
In a sensational operation, at least two thieves, one shrouded in a PPE kit, broke into the locker hold of the ICICI Home Finance Co. Ltd Nashik branch and scooted off with gold jewellery worth around Rs 4.93 crore, police said here on Monday.
Excise policy scam: Delhi court denies regular bail to BRS leader K. Kavitha
A Delhi court on Monday denied regular bail to Bharat Rashtra Samithi (BRS) leader K. Kavitha in connection with the money laundering cases being probed by CBI and ED related to the alleged excise policy scam.
11 Bangladeshi nationals including 2 children held in Tripura
A total of 11 Bangladeshi nationals including three children and two women have been arrested at a village in Tripura's mountainous Dhalai district which shares a border with the neighbouring nation of Bangladesh, the police said on Sunday.
No reservation based on religion till I am alive: PM Modi
Prime Minister Narendra Modi said on Sunday that he will not allow anyone to play with the Constitution, especially when it comes to the issue of reservation based on religion.
IAF convoy attack: Several detained in searches in J&K's Poonch, LeT believed to be responsible
Several people were detained on Sunday as security forces launched a massive search operation in J&K's Poonch district in the aftermath of a terrorist attack on two IAF vehicles that left one personnel dead.