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Raikar s mother, wife get bail

The mother and wife of Kamaxi Forex owner accused Nilesh Raikar were on Tuesday were released on bail by the Judicial Magistrate First Class.

MARGAO: 

 They had to furnish bail bond of Rs 50,000 each and two identical rsureties. The two have been asked to report to the EOC for the purpose rof investigations with a further direction to deposit their passports. rAdv Rajiv Gomes, who appeared for the applicants, said the court rdirected the duo not to tamper with evidence.  
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Kamaxi depositors losing faith in EOC investigation

Expressing their concern over the shoddy investigations into the Kamaxi Forex scam, beleaguered depositors on Tuesday strongly demanded that the Economic Offences Cell register separate cases against accused Nilesh Raikar based on the 500 complaints lodged with the cell.

the goan I network
Published May 11, 2016, 2:09 PM IST
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MARGAO Questioning the decision of EOC to club all the r500 complaints against accused Nilesh Raikar, the depositors have dubbedr the move as an attempt to bail him out. They demanded that the rinvestigating agency rope in financial experts to probe in detail the rloss theory advanced by the accused.At a meeting of the depositors held rat the Grace Church hall, Margao, the depositors have also decided to rinitiate proceeding against the accused under the Negotiable…

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