NEW DELHI: CBI is all set to file its charge sheet against Pearls Group companies and its Chief Nirmal Singh Bhangoo and others in connection with cheating five crore investors of Rs 45,000 crore by luring them with attractive land deals.
The sources said the agency will be keeping its investigations open into the alleged business interests of Bhangoo in Australia and Dubai where his monies were diverted from the investments made here.
They said the agency will also apprise court about its move to soon send judicial request to Australia and Dubai in connection with details of the case.
During the probe in the last two years, CBI has found 1,300 bank accounts of the suspect company, its directors, and associated firms, they said, adding the agency has frozen assets (mostly Fixed Deposit receipts) to the tune of Rs 280 crore and an additional Rs 108 crore has been deposited with the Delhi High Court.
They said the agency has managed to seize 20,000 documents related to properties whose purchase value was estimated at Rs 5,000 crore.
Bhangoo, CMD of Pearls Golden Forest Ltd (PGF) and ex-Chairman of Pearls Australasia Pty Limited, along with Sukhdev Singh, MD and Promoter-Director of Pearls Agrotech Corporation Ltd (PACL), Gurmeet Singh, Executive Director (Finance) and Subrata Bhattacharya, ED in the PGF/PACL were arrested by CBI in connection with the scam.