The company, on March 5, registered an FIR towards Pravin Kumar Gupta, former secretary of the UP State Energy Sector Staff’ Belief; and Sudhanshu Dwivedi, former director, finance, of the Uttar Pradesh Energy Company Restricted. The duo have been booked on costs of felony breach of belief, dishonest and forgery. Each have been arrested by the Uttar Pradesh police final November.
It’s alleged that monetary irregularities have been dedicated by senior officers of state-owned UP Energy Sector Staff Belief, who violated norms whereas investing Rs 2,631 crore of the belief’s funds with a controversial non-public mortgage lender Dewan Housing Finance Company (DHFL), which is dealing with an ED probe on costs of cash laundering.
It’s alleged that large funds have been transferred to the DHFL by the UP PowerSector Staff Belief, starting March 17, 2017, two days earlier than Yogi Adityanath took oath because the Chief Minister of Uttar Pradesh. The case was handed over to CBI on the advice of UP authorities. Final yr, the UP Police had registered an FIR into the scandal on the Hazratganj police station and later (in November) arrested Gupta and Dwivedi.