India

RG Kar Financial Scam: Arrested Vendor Used Multiple Firms To Win Contracts

Vendor Biplab Sinha, arrested for financial irregularities at RG Kar Medical College & Hospital, allegedly created multiple business entities to secure contracts for medical supplies and maintenance work, according to sources.

Sinha is currently in the custody of the Central Bureau of Investigation (CBI), which is investigating alongside the Enforcement Directorate (ED). The ED has filed an Enforcement Case Information Report (ECIR) and is probing the money laundering angle.

Sources revealed that Sinha floated three companies—Maa Tara Traders, Baba Loknath Enterprises, and Tiyasha Enterprises—to manipulate tender bids. These companies participated in bids with varying prices to ensure the lowest bid, submitted by Maa Tara Traders, would win the contracts.

The other two entities existed only on paper and were used to submit higher bid prices. This strategy ensured Sinha’s primary firm always secured the contracts.

Also Read: BJP Chief Nadda Criticizes Dynastic Politics During Bihar Membership Drive

Both Sinha and another arrested vendor, Suman Hazra, are reportedly close to the former RG Kar principal, Sandip Ghosh, who is also in CBI custody. The CBI has presented these claims in a special Kolkata court.

On Friday, ED officials raided multiple locations, including Sinha’s residence, where they found crucial documents related to the three entities. The ED is also investigating the disproportionate assets accumulated by Sandip Ghosh.

While the CBI took over the investigation following a Calcutta High Court order, the ED initiated its probe by filing the ECIR.

Shibra Arshad

Recent Posts

India And Nigeria Strengthen Counter-Terrorism Cooperation In Second Strategic Dialogue

Doval and Ribadu held detailed talks on challenges linked to terrorism and radicalization, including those…

3 mins ago

Ola Electric’s Share Hits All-Time Low Of Rs 74 Ahead Of Q2 Results

Analysts predict that the stock could drop closer to the Rs 70 mark. Ola Electric…

1 hour ago

US Election: Voting Begins With First Ballots Cast In New Hampshire

This election is one of the most divisive in US history. Harris and Trump have…

1 hour ago

Waqf Bill: Opposition MPs Meet LS Speaker, Lodge Protest Against JPC Chairman Jagdambika Pal

Opposition members alleged that Pal calls JPC meetings without consulting them and restricts their opportunity…

2 hours ago

Delhi HC Rejects Khalid Saifi’s Plea To End Attempted Murder Case In 2020 Riots

The Delhi Police opposed Saifi’s bail, citing evidence from WhatsApp messages exchanged among the accused.…

3 hours ago

Maha Kumbh 2025: Uttar Pradesh Enhances Security With Face Recognition Cameras

To protect millions of devotees at Maha Kumbh, the UP govt is implementing advanced security…

3 hours ago