KCP investigation unearths more facts in MDFI scam case
Source: Chronicle News Service
Imphal, March 06 2023:
The proscribed Kangleipak Communist Party (KCP) said that former executive director of Manipur Financial Development Investment (MDFI) M Sharmila Devi had surrendered to the outfit and revealed many important facts regarding the ponzi scheme run by Md Nurul Haque and his wife.
According to a KCP statement issued by its politburo standing committee deputy secretary M Punsiba Meitei, Sharmila is one of the co-culprit suspects in the MDFI scam and she recently surrendered to KCP home affairs department.
On being subjected to intensive interrogation in connection with MDFI scam, she provided vital information regarding the ponzi scheme in question run by Md Nurul Haque alias Kh Sanayaima and his wife Khagok-pam Jogeshwari Devi.
Though Sharmila Devi had a role in the management of the MDFI through which investors were swindled of around a revised estimate of Rs 275 crore, the new findings from the ongoing investigation into scam have revealed certain mitigating factors vis-a-vis her complicity in it.
Moreover, Sharmila's revelations have been cross-checked with the statements given by some managers of MDFI.
In the wake of Sharmila's surrender and new findings into the MDFI scam, it has been established that Sharmila had also impressed many of her own relatives and friends to invest in the MDFI without realising that Md Nurul Haque was a fraud and that MDFI would later turn out to be a mere vehicle of a multi-crore scam.
It has also been established that Md Nurul Haque had been blackmailing her to continue with MDFI as it had been registered as an Unincorporated Body' in her name, the statement said, adding that Sharmila has made an undertaking that she will continue to cooperate in the ongoing investigation into the MDFI scam and give in to the party as and when required.
Sharmila has been set free and live a normal life on the basis of facts she had revealed, the outfit added.
Regarding some other developments in the ongoing investigation into the MDFI scam, the KCP statement said the investigating team led by home affairs department secretary Thouba has successfully gathered enough evidence of complicity between Md Nurul Haque and his in-laws in the scam.
Moreover, it has been established beyond reasonable doubt that a huge amount of money generated through the MDFI scam was diverted to the electoral campaign of someone that the Politburo Standing Committee of the party had already decided to award a befitting punishment at the earliest possible opportunity.
The outfit then appealed to all the victim investors of the MDFI scam not to harass or threaten the managers and other staff of MDFI, who are also its victims themselves.
Indeed, it is because of the lack of cooperation from the victim investors in the early stage of the party's ongoing investigation into the MDFI scam that its mastermind Md Nurul Haque and real co-culprits have managed to Escape.
Instead of helping in the investigation) some investors also protected them with the false hope that Md Nurul Haque would repay them at least.