{"id":252836,"date":"2025-03-06T06:43:12","date_gmt":"2025-03-06T06:43:12","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/03\/06\/cbi-files-fir-against-mumbai-firm-its-director-for-defrauding-public-funds\/"},"modified":"2025-03-06T06:43:12","modified_gmt":"2025-03-06T06:43:12","slug":"cbi-files-fir-against-mumbai-firm-its-director-for-defrauding-public-funds","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/03\/06\/cbi-files-fir-against-mumbai-firm-its-director-for-defrauding-public-funds\/","title":{"rendered":"CBI files FIR against Mumbai firm, its director for defrauding public funds"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i3.wp.com\/img.etimg.com\/photo\/msid-118751838,imgsize-11002.cms?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"CBI files FIR against Mumbai firm, its director for defrauding public funds\" title=\"CBI files FIR against Mumbai firm, its director for defrauding public funds\" \/><\/div>\n<div data-brcount=\"8\">The CBI has filed an FIR against Mumbai-based firm Jai Corporation and its director and promoter <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/anand-jaikumar-jain\" target=\"_blank\" rel=\"noopener\">Anand Jaikumar Jain<\/a> for alleged misappropriation in the Rs 2,434 crore mobilised through the public during 2006-08, officials said Wednesday. The move comes on the orders of the Bombay High Court after a complaint was filed by activist Shoaib Richie Sequeira. <\/p>\n<p><!--\/article_liveblog.cms?msid=105115637&pos=toppotime:1--> Sequeria had alleged that funds were mobilised from the public for the Urban Infrastructure Opportunities Fund scheme for the purpose of real estate business in Mumbai and other cities. <\/p>\n<p>It is alleged that funds were diverted for setting of companies in tax havens, for allege fraudulent trading of future and options of a leading oil major and other illegal activities. <\/p>\n<p>The Bombay High Court on January 31 had directed the agency to create an SIT to probe the complaints. <\/p>\n<p>Jai Corporation is engaged in the manufacture of steel, plastic processing and spinning yarn.<!--\/article_liveblog.cms?msid=105115637&pos=botpotime:1--><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/economictimes.indiatimes.com\/news\/india\/cbi-files-fir-against-mumbai-firm-its-director-for-defrauding-public-funds\/articleshow\/118751838.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CBI has filed an FIR against Mumbai-based firm Jai Corporation and its director and promoter Anand Jaikumar Jain for alleged misappropriation in the Rs 2,434 crore mobilised through the public during 2006-08, officials said Wednesday. The move comes on the orders of the Bombay High Court after a complaint was filed by activist Shoaib [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":252837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/msid-118751838,imgsize-11002.cms","fifu_image_alt":"","footnotes":""},"categories":[602],"tags":[195730,8979,195725,28562,439,563,3931,5679,3736,195727,352,195728,3560,195726,195729],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/252836"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=252836"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/252836\/revisions"}],"predecessor-version":[{"id":252838,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/252836\/revisions\/252838"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/252837"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=252836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=252836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=252836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}