MOFSL Scandal: IPS Transferred, Truth Cornered
• Fake ICC, Real Abuse at MOFSL
• Sprouts SIT Exposes MOFSL’s Power Play
Unmesh Gujarathi
Sprouts News Exclusive
Contact: +91 9322755098
A senior employee – A woman AVP at MOFSL has alleged that she was falsely accused of sexual misconduct and unlawfully suspended. DCP Somnaath Ghaarge of Zone 12, who had helped her register an FIR under IPC 509 three years ago, was abruptly transferred thereafter. The Sprouts SIT investigation uncovers serious misuse of power by the corporate giant, including the formation of a fake Inquiry Complaints Committee (ICC), missing documents from police and court records, and violations of the POSH Act, Vishaka Guidelines, and ICC norms — All pointing to judicial manipulation.
MOFSL’s Influence Allegedly Led to DCP Ghaarge’s Abrupt Transfer
In a sensational development, Sprouts SIT has uncovered the suspicious midnight transfer of DCP Ghaarge amid the ongoing MOFSL – POSH Act and ICC scandal. Verified testimonies and court records confirm that he was assisting the woman AVP in pursuing justice against what appeared to be sexual defamation & sexual shaming. His humanitarian intervention reportedly triggered backlash from political and corporate lobbies, culminating in his unexpected posting as SP Raigad — A move not part of any official reshuffle.
The woman AVP had approached DCP Ghaarge at his Dahisar office shortly after her suspension. This DCP meeting happened a few days before she met Former MP Kirit Somaiya. He candidly told her that the internal committees formed later would never rule in her favor, as such setups often lean toward the employer.
He reviewed her WhatsApp chats, the suspension email issued by CHRO/Executive Director/Board Member Sudhir Dhar, and a separate email forcing her to deny any sexual misconduct. DCP Ghaarge was reportedly disturbed by the lack of any sexual context in the chats and called it a premeditated conspiracy. This was a sentiment echoed even by Former MP Kirit Somaiya later during his phone calls to 3 MOFSL heads – Motilal Oswal/Ajay Menon/Gaurav Manihar.
He later contacted DCP Pranaya Ashok of Zone 5 to expedite the FIR registration with Dadar Police — Which eventually happened despite MOFSL’s resistance. Interestingly, both DCP Ghaarge and Former MP Kirit Somaiya were mentioned in the woman’s original complaint — The first page that has now mysteriously vanished from police and court records. These names also appear in her internal MOFSL emails and the firm’s Bombay High Court writ petition.
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FIR Suppression Attempt: Bombay HC Petition and Missing Records
The scandal escalated when MOFSL filed a writ petition in the Bombay High Court seeking to quash the FIR. Despite legal hurdles, the FIR and chargesheet remain intact after three years — Thanks largely to DCP Ghaarge’s early intervention. Sources suggest MOFSL lobbied the Home Department to remove him from Mumbai to end his support for the woman complainant.
MOFSL’s extensive political and economic clout is noteworthy. From hosting film shoots, funding the PM’s COVID relief fund, receiving an invite to the Ram Mandir inauguration, giving money to business schools, hiring the Malad Metro Station for advertising, having the biggest trading floor in India that even NSE can’t beat, sponsoring the biggest business news channel in India, MOFSL events blessed by ISKCON top gurus.
Also MOFSL IPO being a case study for Harvard University, MOFSL being India’s number 1 broker, MOFSL events covered by India’s top radio stations, MOFSL media events Q&A dias chaired by Ministers, etc — MOFSL has a significant footprint. Notably, DCP Ghaarge’s transfer order was signed at midnight without clarity on the outgoing SP of Raigad Ashok Dudhe, raising questions about administrative manipulation.
Sprouts SIT also found that MOFSL intentionally omitted mentioning the missing police complaint page from their defamation lawsuit against the woman in City Civil Court.
AVP’s Legal Queries: Questions Only an IPS Could Supervise & Approve
One pivotal aspect of the case is the list of 15 legal queries the woman AVP sent to MOFSL shortly after her suspension. These were detailed, legally sound questions challenging the firm’s internal procedures under the POSH Act/Vishaka Guidelines/ICC norms. Sources confirm DCP Ghaarge’s involvement in supervising & approving these queries, which were submitted just three days after her suspension.
The queries questioned whether the complaint was criminal or civil, she demanded a copy of the original complaint, and asked if the term “sexual” was mentioned at all. This was so she could gauge whether she needed to file a jurisdictional pre-emptive notice with the local Dadar police or not. She emphasized that the burden of proof lays with the committee — Not on her.
That the burden could not be shifted upon the accused woman. That the committee prosecutors needed to prove her guilty & also beyond reasonable doubt. She asserted that mere the company agreement/policies/procedures independently were not sufficient & those needed to be in accordance with the Vishakha Guidelines at all times. And MOFSL’s internal policies could not override statutory laws.
She even offered the male complainant to approach the cops as MOFSL had no authority investigating criminal complaints, if the complaint was truly sexual in nature. She wanted to know about the legal head at MOFSL. She explained the whatsapp chats she exchanged with the male colleague was a half conversation – As chat per se. Wherein a charge cannot be formed based on a half conversation, and those whatsapp chats were a continuation of similar past conversations.
She explained that her vague chats can mean a million things & they did not necessarily refer to anything sexual. This was something she offered to explain in even greater detail at the time of the so-called committee hearing. She explained that her WhatsApp conversations were forcefully being taken out of context & intentionally. She pointed out that suspension usually does not happen before the accused sees the complaint.
And this had been impossible even for her advisors to believe. She argued that, if serious, the matter should have first gone to the committee, which could have then advised action, before the suspension or even the investigation for that matter. Her emails consistently maintained that no sexual misconduct occurred — Instead, she accused the male colleague of launching a humiliating campaign against her after consensual but non-sexual chats for a month.
She ended the email with hope where she said she looked forward to soon meeting the committee. That she looked forward to a fair/non-biased/non-prejudiced investigation. That she looked forward to being re-instated at the earliest with all her dignity & self respect intact. She emphasized she was still the Marketing AVP at MOFSL & would remain so.
These 15 questions are now part of proceedings in the Bombay High Court and City Civil Court — Highlighting MOFSL’s legal manipulation and the whistleblower’s resilience.
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Power Abuse & Corporate-Criminal Nexus: Role of Politicians Under Scrutiny
Sprouts SIT sources suggest that former MP Kirit Somaiya was aware of DCP Ghaarge’s support for the woman and that his involvement drew political pressure leading to DCP Ghaarge’s abrupt transfer — Despite no official reasons or disciplinary action.
For five months up until then, MOFSL failed to get the FIR quashed through the legal system. The sudden transfer of a key IPS officer mid-investigation showcases how powerful corporations can undermine due process through systemic suppression.
Before moving out, DCP Ghaarge informed the woman that DCP Smita Patil would take over Zone 12, should she need further support. However, emotionally drained after her lengthy court battle, the woman never reached out to the new DCP.
Notably, she never received any written complaint against her during her entire tenure at MOFSL, up until her suspension. After the original 14 day suspension period, a fake ICC was allegedly formed but only after the cops & media got involved. Six additional complaints were fabricated post-facto, over & above the existing 2 line copy-paste email complaints that were created on the spot for her suspension to happen. All this built up seemed like a deliberate smear campaign.
Also Read: MOFSL Scandal: POSH Bypassed, Fake ICC & the Hidden Conspiracy.
Related Article: POSH Scandal: The Shocking Motilal Oswal Financial Services Ltd. Probe Uncovered.
Related Article: Motilal Oswal Financial Services Ltd’s POSH Act Breach Exposed in Defaming a Woman Employee.
The Sexual Defamation & Sexual Shaming Controversy: Sprouts SIT Continues the Trail
The woman AVP in her emails to MOFSL has consistently maintained that the case is not about sexual misconduct, but rather sexual defamation/sexual shaming/reputational sabotage. She claimed the male colleague voluntarily engaged in consensual light-hearted, non-sexual conversations for a month, which were later manipulated to portray her as the sexual aggressor.
Sprouts SIT earlier reported that MOFSL formed a fake ICC in violation of the POSH Act and Vishaka Guidelines. This fake committee conducted a sham inquiry and did not share the new fake inquiry committee complaints added after her suspension. These were complaints over & above the exisiting 9 HR internal complaints, released only after 18 days of intervention from Zone 5 DCP Pranaya Ashok. Internal MOFSL emails revealed a pre-meditated plan to terminate her without a fair investigation.
Though DCP Ghaarge’s transfer raised suspicion two and a half years ago, unfortunately media attention faded slowly. Now, with the FIR and chargesheet still active and court hearings on-going, the truth is slowly but surely emerging. Satyameva Jayate!
POSH Act Violations, Police Interference & the Road Ahead
This case exposes a dangerous nexus between corporate entities and the administrative machinery — Eroding statutory safeguards like the POSH Act, ICC norms, and Vishaka Guidelines. The woman AVP’s FIR, supported by DCP Ghaarge, has withstood legal on-slaughts, political meddling, and institutional betrayal.
Sprouts SIT urges the Maharashtra DGP, the State Women’s Commission, and the judiciary to re-examine DCP Ghaarge’s midnight transfer. Now posted in Ahilyanagar after completing entirely his Raigad tenure, his abrupt removal remains questionable. The missing complaint documents must be recovered, and potential IPC 201 violations investigated. It is high time whistleblowers are protected and justice is not hijacked by corporate influence.
