//Daya's money trail leads to Punjab

Daya's money trail leads to Punjab

Jalandhar: Mumbai encounter specialist Daya Nayak’s links have surfaced in Punjab. Ojus Finance, allegedly run by his wife Komal Nayak and close friend Shriniwas Naidu, has Punjab police hot on its trail. Shriniwas Naidu of Hyderabad, claims to be a relative of former Andhra Chief Minister Chandarbabu Naidu.

He along with self-styled godman Mohanjit Singh allegedly conned scores of people on the pretext of getting them Indian Oil Petrol Pumps.
Madhuri Saxena – an athlete and Arjuna awardee – put all her earnings from the Bussan Asian Games into getting a petrol pump, but was instead victimised by Ojus Finance.

Madhuri’s husband Amandeep Singh has demanded a CBI enquiry. "The person told me that he is a director of Ojus company of Srinivas Naidu who is said to be related to former Chief Minister Chandrababu Naidu and that they have 1200 pumps," he rues.

Srinivas’s modus-operandi involved luring victims through Mohanjit Singh, convincing them to take up offers, collecting the money and giving them false documents.

These documents bore forged signatures of officials of the petroleum ministry and Indian Oil. When the victims attempted to contact Naidu, he threatened them. The money is believed to have made its way to the underworld.

Surinder Singh Babbla, an intermediary, says, "Mohanjit told us that Naidu is related to Chandrababu Naidu. In my presence, the money was given to Ojus finance in an NRI account. We inquired from Indian Oil and came to know that all documents were fake. We have photocopies with us."

The police are now looking into other Ojus finance’s connections. Inspector General Jalandhar Range H S Dhillon says, "There is a new dimension that has come to notice that certain cheques and bank drafts were got made in the name of Ojis company and we will look into that aspect also."

Money collected from unsuspecting people in the Ojus petrol pump case is alleged to have found its way into the underworld and this is the fact that is troubling the Punjab Police. They are worried that the underworld tentacles are spreading into Punjab as well.

Jyoti Kamal,CNN-IBN, 05.02.06
http://www.ibnlive.com/article.php?id=4903&section_id=3