Reebok India alleges Rs 8,700 cr fraud by former MD, COO

May 23, 2012

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New Delhi: In what could the second biggest corporate scandal after Satyam, Reebok India has alleged a Rs 8,700 crore fraud by its former Managing Director Subhinder Singh Prem and former Chief Operating Officer Vishnu Bhagat.

Reebok lodged an FIR with the Gurgaon police alleging that Prem and Bhagat had 'stolen' products by setting up 'secret warehouses', fudged accounts and indulged in fictitious sales to cause a multi-crore dent to the company.

When the alleged scam came to light in March 2012, Singh, who had been made the Managing Director of Adidas India in 2011 as a part of an integration of the businesses of both Adidas and Reebok brands, was dismissed from the company. Bhagat's services were terminated too.

The company's financial director, Shahim Padath, later lodged a formal complaint against the duo.

The economic cell of Gurgaon police conducted a probe and found that Singh and Bhagat had allegedly rented four warehouses without informing their seniors and used them to store goods and claimed they were supplied to genuine dealers.

They also allegedly siphoned off goods to ghost companies and distributors across the country, claiming they were defective pieces.




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News Network
July 17,2020

Patna, Jul 17: A 15-year-old girl was allegedly raped by a security guard at the Covid-19 quarantine center of the Patna Medical College Hospital where she was admitted after being rescued from a railway station, police said on Thursday.

The accused, Mahesh (40), was arrested on Wednesday night after being booked under the POCSO Act and other relevant IPC sections by the Pir Bahore police station, according to Arti Jaiswal, the in-charge of the women's police station here.

“The accused is being sent to jail while the victim will be undergoing medical tests on Thursday, as is the norm for all sexual assault survivors," Jaiswal said.

The girl had run away from her home in Nalanda district more than a week ago and reached Barh railway station on the outskirts of Patna to catch a train for Kolkata where her father is a daily wage-earner, police said.

She was spotted by Government Railway Police (GRP) personnel who informed the child helpline. The child helpline personnel, taking note of the girl’s tender age and her disturbed frame of mind, convinced her not to undertake the journey and brought her to the hospital’s quarantine ward for COVID-19 suspects as a precautionary measure, they said.

On the night of July 8, a few hours after the girl's arrival at the hospital, she was caught hold of by the accused inside the bathroom and allegedly raped. The accused also threatened her with dire consequences if she spilt the beans and, as per the FIR, kept harassing her sexually.

She finally decided to speak up when another girl, carrying a mobile phone, was similarly brought to the hospital by child helpline a couple of days ago. Using the fellow inmate’s phone, she narrated her ordeal to the helpline personnel who informed the police.

“Her Covid-19 test report is negative. After her examination, for the sexual assault, by a six-member medical board is over, she will be sent to a shelter home by the child helpline," Jaiswal said.

Meanwhile, state women’s commission chairperson Dilmani Mishra strongly reacted to the incident and said, “We are waiting for the medical reports of the girl. We will ensure that justice is done in the matter.”

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News Network
May 21,2020

Bengaluru, May 21:Tragedy struck an elderly migrant worker who was looking forward to joining his family as he died on reaching a nearby railway station to board a Shramik Special train to his home state Madhya Pradesh, police said on Thursday.

The 69-year old man, who worked in a coffee estate in Chikkamagaluru, collapsed and died soon after getting down from a state-run KSRTC bus that brought him and others to the Chikkabanavara Railway station on Wednesday.

According to police, fellow labourers said he had been ailing for quite some time.

The cause of his death would be known only after a post-mortem, police added.

Karnataka government has been sending back thousands of migrant workers stranded in the state due to the COVID-19 lockdown by arranging the special trains.

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News Network
July 9,2020

Etawah, Jul 9: Another aide of the Kanpur encounter accused Vikas Dubey, Bahua Dubey, died in an encounter with the police, here on Thursday.

"Today at around 4.30 AM, in an encounter with the Etawah Police, one person has died. from him, a rifle and a pistol too has been recovered. When we shared the information with the Kanpur Police, they identified him as Bahua Dubey," said SSP Etawah Akash Tomar.

"He was involved in the Kanpur encounter alongside Vikas Dubey and there was a bounty of Rs 50,000 on him," he added.

"Around 3 AM on the highway near Mahewa Police Station Bakewar, a Swift Dzire car was looted by four armed assailants on a Scorpio. Around 4:30 AM, they were intercepted at Kachaura road under Police Station Civil lines by the police. When police parties chased them, the car collided with a tree, and criminals started firing at the police," he further said.

Dubey sustained injuries during the encounter and was pronounced dead when taken to the hospital. However, the other three managed to escape. One pistol, a double-barrel gun, and several cartridges have been recovered, he informed further.

Earlier today, Prabhat Mishra, also an aide of the main accused, died after being shot at by the police.

Mishra had sustained an injury on the leg after being shot at by the police and was rushed to a hospital before being pronounced dead.

Vikas Dubey is the main accused in the encounter that took place in Kanpur last week, in which a group of assailants allegedly opened fire on a police team, which had gone to arrest him. Eight police personnel were killed in the encounter.

A search operation is currently underway to nab Dubey.

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