Fake TDRs: Bunty Agarwal arrested in Haryana


Bhubaneswar: Nuapada police today arrested Suraj Enterprises owner Bunty Agarwal from Haryana. FIR was lodged against him for allegedly submitting fake term deposit receipts (TDRs) to procure some key tenders in Kalahandi and Nuapada districts.

Meanwhile, the Rural Development (RD) department blacklisted Suraj Enterprises. 
The firm was awarded tenders for nine new projects of the RD department.
Sources said a team of Nuapada police officers led by district SP visited Haryana and arrested Bunty Agarwal. After being produced in a local court in Haryana, police are now bringing him to Odisha.

Sources said the firm had bagged the tender for construction of road under Biju Expressway from Nuapada to Sohela at an estimated cost of Rs 43 crore. For that, the firm owned by Bunty and his father Rajendra Kumar Agarwal had deposited TDR. However, it was later found that out of total amount of TDR worth Rs 2.95 crore, Rs 38.6 lakh has already been withdrawn by the Bunty submitting fake TDRs after taking bank cashier and accountant into confidence and withdrawn the TDR deposited by them.

Several cases were also pending against the father-son duo in Bolangir, Nuapada and Bargarh districts.

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