Punjab CM Bhagwant Mann taking another big step for the good of the public has ordered an investigation in the Pearl Scam Case. He shared the information on his Twitter account. CM Bhagwant Mann wrote, "A high-level investigation has been ordered into the chit fund company "Pearl" which has created billions of movable property by looting the hard-earned money of the people of Punjab....Details will be made public soon...."
ਪੰਜਾਬ ਦੇ ਲੋਕਾਂ ਦੇ ਖੂਨ ਪਸੀਨੇ ਦੀ ਕਮਾਈ ਨੂੰ ਲੁੱਟ ਕੇ ਅਰਬਾਂ ਦੀ ਚੱਲ-ਅਚੱਲ ਜਾਇਦਾਦ ਬਣਾਉਣ ਵਾਲੀ ਚਿਟ ਫੰਡ ਕੰਪਨੀ “ਪਰਲ”ਦੀ ਉੱਚ ਪੱਧਰੀ ਜਾਂਚ ਦੇ ਹੁਕਮ ਜਾਰੀ….ਵੇਰਵੇ ਜਲਦੀ ਜਨਤਕ ਹੋਣਗੇ….
— Bhagwant Mann (@BhagwantMann)
Earlier during a roadshow for the Sangrur bypoll election, Mann said that our government is going to acquire and auction properties of Pearls Group.
What is Pearl Scam Case?
The Pearls group companies allegedly collected around Rs 60,000 crore (approx) from around 5.5 crore investors all across the country, including thousands of victims from Punjab, on the pretext of investing money in the various schemes of the group.
11 persons were detained by the CBI earlier this year concerning an alleged Rs 60,000 crore investment fraud carried out by the Pearls organization. The arrests were made among other places in Delhi, Chandigarh, Kolkata, and Bhubaneswar.
The inquiry further showed that the alleged funds acquired under the aegis of a private firm with a base in Jaipur and intended for supposed investments in Australian businesses were fraudulently diverted by the accused people. It has been claimed that about 132.99 million Australian dollars were found to have been routed to Australian businesses.