In a recent decision, Judge K. Sujana turned down a request for pre-arrest bail made by two people accused of being part of a money scam with AEGIS Parivar Co-operative Society. Let's break down what happened.
Back in 2017, a young man named MD. Jilani filed a complaint at the Bellampalli Police Station. He said that AEGIS Parivar Co-operative Society had taken money from him and about 60 others, totaling around ₹15,00,000. When Jilani tried to get his money back, he was met with false promises and threats.
"The complainant said that the directors had worked together to cheat the people who deposited money."
The two people asking for bail, Shaik Jamal and M Venkata Ramana Chary, were accused of being part of this scam. Jamal was said to be a regional manager, while Chary's wife was an agent for the society. Both were accused of convincing people to invest in the society.
Their lawyer said that Jamal was only temporarily given the manager role and had no official position. Chary, on the other hand, wasn't an employee; his wife was. They claimed there was no solid evidence against them and that they were willing to help with the investigation.
"The report confirmed that there was no written evidence against both petitioners."
The lawyer representing the state argued against their bail, saying that the accusations were serious and the investigation was still happening. Judge K. Sujana agreed, noting that there were clear accusations against the petitioners. As a result, the request for pre-arrest bail was denied.
"This Court does not agree to give pre-arrest bail to the petitioners."
The court decided not to grant pre-arrest bail to Shaik Jamal and M Venkata Ramana Chary, as the accusations were serious and the investigation was ongoing. The focus remains on uncovering the full extent of the scam and bringing justice to the victims.
