Special MPID judge
D G Murumkar on Monday directed investigating officer (IO) ACP Nilesh More to ensure that an interim report of the ongoing forensic audit, relating to financial transactions by the
of companies, was submitted to the court in a month’s time.
The group is headed by developer D S Kulkarni (DSK), who, along with seven others, is facing prosecution for allegedly siphoning off Rs 2,091.11 crore raised through various sources.
Lawyer Chinmay Inamdar, representing DSK, told TOI, “In March 2018, the prosecution had said that a forensic audit into the group’s financial transactions was on. It has been a year now, the police have neither furnished the final audit report nor an interim one.”
The courtroom witnessed some loud and animated verbal exchange between the lawyers representing DSK and other parties and lawyer Chandrakant Bidkar, who has been pressing the court for a hearing of his pleas, including a negotiated deal with the Maharashtra Housing Area Development Authority for taking over and completing DSK group’s unfinished projects.
Inamdar said the court must first decide Bidkar’s locus standi as the latter is not a complainant. Bidkar insisted that he was a complainant.
The court asked Bidkar to furnish his written arguments and asked Inamdar to furnish a say on Bidkar’s pleas. The next hearing would be on March 25.