Two more arrested in Electricity Fund Scam.
Two more people have been arrested inconnection with the scam in the Provident Fund (PF) of electricity workers. Thetrust's secretary P.K. Gupta's son...


Two more people have been arrested inconnection with the scam in the Provident Fund (PF) of electricity workers. Thetrust's secretary P.K. Gupta's son...
Two more people have been arrested in
connection with the scam in the Provident Fund (PF) of electricity workers. The
trust's secretary P.K. Gupta's son Abhinav Gupta and his accomplice Ashish
Chaudhary were arrested in a criminal conspiracy case.
Former UPPCL MD AP
Mishra, arrested for the scam in the Provident Fund (PF), was produced before
the court from where he was sent to police remand. Along with other accused in
the scam, Sudhanshu Dwivedi and PK Gupta, were also given 3 days custodial
remand.
Significantly, this case is related to the case of about Rs
2,600 crore of Employees Provident Fund in the Department of Energy being
wrongly invested in private entity DHFL. Initial investigations by EOW revealed
that there was no tender for PF investment. 2,268 crores was invested in DHFL
through mere quotations.