//CBI arrests Himachal ADGP Thind in Rs.3.50 crore fraud case

CBI arrests Himachal ADGP Thind in Rs.3.50 crore fraud case

Punjab Newsline Network ,Friday, 27 October 2006

CHANDIGARH: The central Bureau of Information (CBI) on Friday arrested Himachal Pardesh Additional Director General of Police (ADGP) Bhupinder Singh Thind IPS in a Rs.3.50 crores fraud case registered against him.

Thind has been charged for duping certain nationalize banks to the tune of Rs.3.50 crore which he had taken as loan against single property, mortgaged to various banks.

The CBI has also arrested Harinder Saini and Prem Chand Singla two Panchkula based builders in the same case.

The accused are expected to be produced in Chandigarh court on Saturday. The CBI would demand custodial interrogation of Thind and his co accused. CBI sources said that they needed hand writing samples of Thind besides knowing the modus operandi of fraud. Thind was Friday evening called by the CBI for the investigation in this case at its headquarter in sector 30 here. After investigation CBI found Thind’s involvement in the fraud and arrested him on the spot.

Thind had allegedly floated a cooperative house building society and obtained loans worth Rs 3.45 crore against four plots by getting a separate deed registered every time without citing plot numbers at the Shalimar Land project at Himmatgarh near Dera Bassi in Punjab

He took loans against plot numbers 22, 23 and 24, as many as 11 times from different banks. For another plot number nine, he applied and got loan from four nationalized banks, CBI sources said. He was summoned to join investigation several times but was evading to come to Chandigarh.

Thind also faced another case of forgery registered against him and his father in Dera Bassi in Patiala district of Punjab under Sections 420, 467, 468, 417 and 120-B of the IPC on November 17, 2005.

They have allegedly committed forgery against a US-based NRI woman relative, Aninder Jawanda. Punjab police had obtained non-bailable warrants against Thind but couldn’t arrest him allegedly due to
political pressure.

According to the complainant, NRI Pritpal Kaur had handed over a general power of attorney (GPA) of her 46-kanal land in Chaparchiri near Mohali to the ADGP for taking care of the property. According to the complainant, the ADGP, in turn, made a special power of attorney and sold the land to his father, Dhan Singh, who in turn sold the property to one Devinder Bir Singh. Dhan Singh passed away at few years ago.

Inquiry revealed that the special power of Attorney made by the ADGP was forged. He said after this, the ADGP bought the land and gave two cheques of Rs 50 lakh and Rs 40 lakh to the woman, but both the cheques were dishonoured by the bank for no availability of funds.