Mastermind of Chinese shell companies racket arrested while attempting to flee India
Sep 11, 2022
Synopsis
Dortse and one Chinese national are the two directors in Jilian Consultants India Private Limited. Dortse reportedly fled from Delhi NCR to a remote place in Bihar and was attempting to escape India through the road route, SFIO said. SFIO had arrested Dortse on Saturday, who was later produced in the Jurisdictional Court and Orders for his transit remand were obtained.
The Serious Fraud Investigation Office (SFIO) has arrested the 'mastermind of the whole racket of incorporating large number of shell companies with Chinese links in India and providing dummy Directors on their Boards'.
The person is identified as Mr Dortse.
"After the simultaneous search and seizure operations conducted by the Ministry of Corporate Affairs on 8th Sept. 2022, on the offices of Jillian Consultants India Private Ltd, a wholly owned subsidiary of Jilian Hong Kong Ltd., at Gurgaon, Fininty Pvt Ltd at Bangalore and Husys Consulting Ltd, an erstwhile listed company at Hyderabad, the Serious Fraud Investigation Office (SFIO) has arrested Mr Dortse yesterday," SFIO said.
According to the investigating agency, Dortse had shown himself to be a resident of Mandi in Himachal Pradesh as per the records filed with the Registrar of Companies.
"Evidence procured during the enquiry by ROC Delhi and the simultaneous search operations clearly points to dummy Directors being paid by Jilian India Ltd. to act as dummies in several shell companies. Boxes filled with company seals and digital signatures of dummy directors have been recovered from the site," the investigating agency said in a statement.
"The Indian employees were in touch with the Chinese counterparts through a Chinese instant messaging app. Husys Ltd. was also found to be acting on behalf of Jilian India Ltd.. Initial observations reveal that Husys Ltd. had a pact with Jilian Hong Kong Ltd. Investigations so far have revealed the possible involvement of these shell companies in serious financial crimes detrimental to the financial security of the country," SFIO further added.
Dortse and one Chinese national are the two directors in Jilian Consultants India Private Limited. Dortse reportedly fled from Delhi NCR to a remote place in Bihar and was attempting to escape India through the road route, SFIO said.
SFIO arrested Dortse on Saturday, who was later produced in the Jurisdictional Court and Orders for his transit remand were obtained.
[The Economic Times]
