In a sweeping move against FX trading fraud, a special CBI court in Guwahati on Wednesday remanded three individuals—Bishal Phukan, Abhijit Chanda, and another unnamed suspect—into Central Bureau of Investigation (CBI) custody for three days.
These individuals are set to reappear before the CBI court this Saturday for further proceedings as investigations deepen into the alleged financial misappropriations.
Meanwhile, five additional suspects, including Sumi Borah and Tarkik Borah, have been placed in judicial custody. In a crucial turn, the court also dismissed bail pleas submitted by both Sumi and Tarkik, signalling the gravity of the allegations against them.
The CBI intensified its legal offensive by filing a petition to add fresh charges to the case, which the court approved. Sections 409 (criminal breach of trust), 420 (cheating and dishonestly inducing delivery of property), and 12(b) (conspiracy) have now been applied to all accused, broadening the legal scope of the investigation.
In a parallel development, Dipankar Barman, a known fraudster with a notorious history, was presented before the District & Sessions Judge's court, which ordered his detention in police custody for seven days. The court specified that Barman will be held at Panbazar police station, where he will undergo rigorous interrogation as part of the ongoing probe.
These decisive actions by the CBI and judiciary underscore the commitment to crack down on widespread fraudulent activities in the financial trading sector. The escalating legal battle suggests that more revelations may be forthcoming as further investigations unfold.
