Pune: Police custody of four accused who were arrested by the sleuths of the Economic Offences Wing of Pune police in DSK fraud case has been extended till May 29 by the court.
The four accused, identified as Kedar Vanjpe, Sai Vanjpe, Dhananjay Pachpor and Vinay Badgandi were arrested by the police last week for alleged involvement in the case.
A 37,000-page charge sheet alleging that realtor Deepak Sakharam Kulkarni (DSK) committed a fraud of Rs 2,043 crore was submitted in the court of Judge JT Utpat on May 17.
Investigators claim there is much more to be revealed in the near future. The roles of six nationalised banks and their officials are under the scanner for irregularities and violations of RBI guidelines.
Thirteen accused were detected in the case and six were arrested, including DSK, his wife Hemanti Kulkarni and his relatives Kedar Vanjpe, Sai Vanjpe, Dhananjay Pachpor and Vinay Badgandi.
As per the charge sheet filed in court, nine companies were floated by DSK and his accomplices (mostly his relatives) to siphon off money that was collected from banks and around33,000 investors.