BJP’s Mohit Kamboj under Mumbai EOW scanner

Kamboj held as Rs. 52 Crore Banking scam accused 

Unmesh Gujarathi
businessnews1.com

Despite repeated embarrassments, the ruling BJP dispensation at the Centre has sought to support Mohit Kamboj on the public platform ever since he joined the party way back in 2013.

Kamboj who has been currently booked by the Mumbai Economic Offences Wing (EOW) relating to a banking fraud to the tune of over INR 52 crores has obtained interim relief from being arrested till June 7.

Political observers informed the Sprouts’ Special Investigation Team (SIT) that the BJP continued to maintain Kamboj as its public face owing to the financial clout he wielded.

His financial assets which ran over INR 250 crore were the main reason for his staying at the helm of the BJP’s political affairs including poll strategies despite having lost the state Assembly elections in 2014.

Meanwhile, Kamboj’s counsel for the defense, Rizwan Merchant has contended that as per RBI norms, any banking fraud case that runs above the INR 3 crore mark has to be handled by the CBI and not the local state or city police.

The fraud case filed against Kamboj has been under the behest of a manager of the Indian Overseas Bank (IOB).

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  • Unmesh Gujarathi
    Unmesh Gujarathi

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