Begin typing your search above and press return to search.

Probe on into multi-crore insurance scam

By Correspondent
  • Facebook
  • Twitter
  • Whatsapp
  • Telegram
  • Linkedin
  • Print
  • koo
  • Facebook
  • Twitter
  • Whatsapp
  • Telegram
  • Linkedin
  • Print
  • koo
  • Facebook
  • Twitter
  • Whatsapp
  • Telegram
  • Linkedin
  • Print
  • koo

BARPETA, Sept 26 - A vigorous investigation is on to ascertain the actual amount and identify more culprits involved in the alleged Rs 500-crore insurance scam in the State. Police have seized as many as 25 passbooks of different banks belonging to various persons and some other documents including policies of insurance companies from the residences of Ismail Hussain, Ekabbar Ali and Manik Ali.

While the first two are in police net, the third one is still evading arrest. Besides a cash amount of Rs 2.88 lakh was also seized from the residence of Ismail Hussain, a resident of Mahammadpur near Jania in Barpeta district.

Police suspect that these bank accounts were used to siphon off the money received as payment of claims against policies from insurance companies in a fraudulent manner. Letters have been written to respective banks seeking details of transactions of these accounts and actual payments will be known once the bank response is received.

The Superintendent of Police, Barpeta has already expressed apprehension about involvement of a large racket including officials of insurance companies, banks and police department. He has emphasised on a thorough enquiry into the whole episode.

More in Entertainment
Next Story
Similar Posts
Probe on into multi-crore insurance scam

BARPETA, Sept 26 - A vigorous investigation is on to ascertain the actual amount and identify more culprits involved in the alleged Rs 500-crore insurance scam in the State. Police have seized as many as 25 passbooks of different banks belonging to various persons and some other documents including policies of insurance companies from the residences of Ismail Hussain, Ekabbar Ali and Manik Ali.

While the first two are in police net, the third one is still evading arrest. Besides a cash amount of Rs 2.88 lakh was also seized from the residence of Ismail Hussain, a resident of Mahammadpur near Jania in Barpeta district.

Police suspect that these bank accounts were used to siphon off the money received as payment of claims against policies from insurance companies in a fraudulent manner. Letters have been written to respective banks seeking details of transactions of these accounts and actual payments will be known once the bank response is received.

The Superintendent of Police, Barpeta has already expressed apprehension about involvement of a large racket including officials of insurance companies, banks and police department. He has emphasised on a thorough enquiry into the whole episode.

More in Entertainment
Similar Posts