Lookout Notice Issued Against Colonizer Rajesh Sharma, Close to Ex Chief Secretary Iqbal Singh Bains

Lookout Notice Issued Against Colonizer Rajesh Sharma, Close to Ex Chief Secretary Iqbal Singh Bains

A Look Out Circular (LOC) has been issued against Colonizer and Director of Trishul Construction Rajesh Sharma a close associate of Former Chief Secretary Iqbal Singh Bains in Bhopal by the Economic Offences Wing (EOW).

The Look Out Circular is related to an FIR filed against him and concerns his alleged involvement in fraudulent financial transactions, including those involving a farmer’s land and a company called Trident Multi Ventures.

The EOW is investigating the case, and the LOC aims to prevent Rajesh Sharma from leaving the country.

Here’s a breakdown:

FIR and Allegations:
An FIR has been registered against Rajesh Sharma with the EOW in Bhopal. The FIR alleges that Rajesh Sharma, along with others, defrauded a farmer named Chinta Singh Maran by transferring funds from his bank account to other accounts, including that of Rajesh Kumar Tiwari, and ultimately transferring the funds to Trident Multi Ventures.

Financial Transactions:
The transactions involved a land purchase agreement where Rajesh Sharma allegedly showed a higher price for the land than what was actually paid to the farmer. The money was allegedly transferred through a newly opened account at ICICI Bank, bypassing the original bank account.

Look Out Circular (LOC):
The EOW has issued an LOC against Rajesh Sharma to prevent him from leaving India while the investigation is ongoing.

Land Dispute:
The case also involves a land dispute in Mahuakheda village, where Rajesh Sharma allegedly registered the land in his wife’s company’s name, Trident Multi Ventures, after entering into an agreement with the farmer. The farmer was allegedly not provided with a copy of the registry, and the agreed-upon amount was not fully transferred to his account.
Involvement of Others:

The investigation also points to the involvement of Rajesh Kumar Tiwari, who allegedly received the OTPs and transferred the funds to his account, and Deepak Tulsani, who was authorized in the registry but not authorized to act on behalf of Trident Multi Ventures.

In essence, the EOW is investigating a case of financial fraud involving Rajesh Sharma, and the LOC is a measure to ensure his presence for the investigation.