It is conspiracy to dent image of his father who is an honest politician, said Abhishek Bhargav, son of Minister for Panchayats and Rural Development Gopal Bhargav while speaking with the media persons in the State capital on Tuesday; Abhisek was granted bail on Tuesday in fraud case of duping investment through Shraddha Saburi Commodities Private limited Company.
He claimed that within 20 minutes he was granted bail which proves innocence in the case and we have been fabricated in the case which is a pre planned conspiracy inspired by political rivalry.
After arrest warrant was issued Abhisek surrendered at the Raisen court on Tuesday where he was granted bail.
Abhisek said that he was not aware of any kind of allegations raised by earlier nabbed main accused Basant Upadhyay and he was not informed of any kind of hearing in which he was scheduled to appear and suddenly two days before the BJP state executive party meeting an arrest warrant has been issued which clearly indicates that it is politically motivated conspiracy and he along with his father have been targeted.
Earlier on Monday Raisen court issued arrest warrant of three persons including Abhishek Bhargav. Tripti Sharma IV Additional Session Judge granted bail to Abhisek after providing a personal bond of Rs 50000 and ordered to deposit a fix deposit of Rs 20 lakh. The company started company and lured investors of doubling their investment and later escaped with the money and closed all offices. A complaint was lodged by Raisen based investors Rajesh Kumar and Vindheswari Nayak of duping their money.
Abhisek was Director of Board of Directors and is vice president of Bharaitya Janata Party Yuva Morcha (BJYUM).
After the fraud came to fore, the main accused Basant Upadhyay was arrested who started company Shraddha Saburi Commodities Private limited was formed and after escaped with the partners.
The company committed fraud in Bhopal, Sagar and Raisen by victimizing around 400 investors and duped them to the tune of Rs 80 crore.