Rajasthan Scam: Victims Seek Investigation into Government Counsel

Rajasthan Scam: Victims Seek Investigation into Government Counsel.webp

Jaipur, April 3 Leader of the Opposition in the Rajasthan Assembly, Tika Ram Jully, on Friday alleged that the BJP government in the state was "playing a double game" with the victims of the Adarsh Credit Cooperative Society scam, and raised questions about the role of the state's additional advocate general.

Addressing a press conference, Jully alleged a conflict of interest involving Additional Advocate General Shivmangal Sharma.

He claimed that the law firm of Sharma and others was representing the state government in the Supreme Court in the matter, while also appearing for a co-accused, Siddharth Chauhan, in a related case in the Delhi High Court.

"This raises serious questions about fairness and amounts to misleading investors who have already lost their savings," he said.

Jully cited the Bar Council of India rules prohibiting advocates from representing conflicting interests.

He demanded a high-level investigation into the matter and asked whether the state government was aware of the alleged conflict.

"Appointing such a counsel amounted to betrayal of the victims. I want to ask the government whether action will be taken against the lawyer for professional misconduct,” he said.

He said the cooperative society, founded in 1999 by Mukesh Modi and his family, allegedly defrauded around 22 lakh people of nearly Rs 15,000 crore between 2010 and 2014.

Investigation findings indicated that funds were routed through about 125 shell companies to benefit the promoters and their associates.

Jully said that an FIR was registered by the special operations group (SOG) in 2018, and arrests were made. Cases were also registered in Gurugram and Delhi.
 
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adarsh credit cooperative society scam advocates bar council of india conflict of interest cooperative societies delhi high court financial fraud investigation mukesh modi rajasthan assembly shell companies shivmangal sharma sog (special operations group) supreme court tika ram jully
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