Chennai: After almost 100 kilos of gold used to be reported lacking from CBI custody in Chennai, the Madras Excessive Court on Ssaturday directed the Tamil Nadu Crime Branch-CID police to probe the case.
In a most predominant embarassment for the central probe company, atleast 103 kg of gold which used to be seized by CBI in a raid from an importer in the metropolis used to be reported ‘lacking’.
In a raid implemented by the CBI on the place of work of Surana Corporation Ltd in Chennai in 2012, at least 400.47 kg gold in bullion and embellishes had been confiscated.
On Friday, Justice P N Prakash directed the CB-CID to conduct an inquiry by an officer in the hideous of superintendent of police to be done in six months. It rejected CBI’s submission that its living would “fade down” if the investigation used to be implemented by native police.
The agree with said, “This court docket can now not subscribe to this witness for the reason that legislation does now not sanction such an inference.”
The topic pertains to a petition filed by the liquidator of Surana Corporation Ltd, searching for a course to CBI to handover the last 103.864 kg gold. The seized topic cloth used to be saved in the safes and vaults of Surana Corporation Ltd below the CBI’s lock and seal.
The central company submitted that it had handed over the 72 keys of the safes and vaults to the Chennai essential particular court docket for CBI instances.
Meanwhile, the CBI claimed that throughout the seizure, the gold bars had been weighed all- together however while handing over to the liquidator, appointed for a settlement of debts between Surana and SBI, it used to be weighed personally and that used to be the establish off of the discrepancy.
(With inputs from agencies)