| Home
Multi-level marketing firm chief detained in Chennai
Calcutta News.Net
Saturday 24th May, 2008 (IANS)
A multi-level marketing firm chief was detained Saturday here for one year under the Goonda Act following seizure of wealth amounting to over Rs.2.89 billion, the police said.
Quest Net's managing director Pushpam Appala Naidu, 39, and her company have been accused of cheating over 9,000 people across the country. The act allows preventive detention without trial for a year.
Naidu's assets were spread in several Indian cities as property, cash, shares and gold. Notices have been issued by the central government agencies against the company for allegedly evading duty to the tune of Rs.260.57 million on gold imports since 2003, for which a private Indian bank also has been asked to respond to charges of complicity, police sources said.
Her detention follows her earlier arrest in 2003 for similar offences. Her colleague, Augustine Joseph, at present in police custody, is also likely to be jailed for a year under the same law, police sources added.
Pushpam and six of her colleagues were arrested May first week following complaints of cheating and criminal breach of trust.
The company is said to be banned in Sri Lanka, Indonesia and the Philippines.
Quest Net's principals - Gold Quest, a multinational company present in over 100 countries - has, however, denied any wrongdoing in a press communique issued from Malaysia last fortnight.
 Email this story to a friend
Comments on this story
Dr. Shah
06-04-08, 01:33 AM |
Multi-level marketing firm chief detained in Chennai
the biggest fault with our law is its inability to assess any case impartially and trying to justify its say after the actions are taken. This is presicely what has happened with questnet india, a company engaged in ethical and only ethical practices now facing some irrelevant charges by Indian law. As the police who initiated this course of action couldnt find any wrong doing on part of the company, it insisted CBI’s intervention in the case just to prolong the maatter and to justify their stand. Further to mask its politically driven actions against the company police made the director of questnet india detained under goonda act which is detention without trial.
I’m watching this show since quite some time and today i’m compelled to express my observations and interpretations of the story. In my opinion, there is no wrong doing on part of the company and the company has very much behaved within the legal framework laid down for corporates in India. As far as claims of police regarding duty evasion etc are concerned there is no evidence with police to support such a baseless claim. So my request to all people who are involved with this comapny as well as those who wish to be a part of this wonderful oppportunity is to use their own intelligence, logic and interpretations rather than getting carried away by roumors, biased and baseless opinions of strangers!
Dr.Shah
|
Have your say on this story
|
 |
 |
- Missing Kashmiri youth found unconscious
Srinagar, July 4 (IANS) A 17-year-old boy was found in an unconscious state near his village in south Kashmir late Saturday, almost a week after he was arrested by the army. [read story]
- Orissa legislator, accused in communal violence, gets bail
Bhubaneswar, July 4 (IANS) Manoj Pradhan, a Bharatiya Janata Party (BJP) legislator who is an accused in last year's communal violence in Orissa and has been in jail since October, got 15-day bail Saturday to take oath as member of the assembly. [read story]
- Only a Dalit will be my successor: Mayawati
Lucknow, July 4 (IANS) Bahujan Samaj Party (BSP) national general secretary Satish Misra may continue to remain her confidant, but Uttar Pradesh Chief Minister Mayawati has no intentions of letting him don the mantle of her successor as she Saturday said only a Dalit will succeed her. [read story]
- New swine flu case takes India's tally to 129
New Delhi, July 4 (IANS) A Thai national was found suffering from swine flu, taking the total number of influenza A (H1N1) cases in India to 129, said an official statement Saturday. [read story]
- Jeddah-Mumbai flight tyres burst on landing, passengers safe
Mumbai, July 4 (IANS) Passengers aboard a Saudia airliner on a Jeddah-Mumbai flight had a scare when its tyres burst during landing at Mumbai airport Saturday evening, an official said. [read story]
|
|
 |
 |
|
|
