Bombay High Court today lifted the stay on investigation against Indian Merchants Chamber President and builder Niranjan Hiranandani and Indian Administrative services (IAS) officer Thomas Benjamin in the Rs 45,000-crore Powai land scam case.
Earlier this year, an FIR was registered by the Maharashtra State Anti-Corruption Bureau against Hiranandani and Benjamin for alleged irregularities in a housing project worth nearly Rs 45,000 crore.
It is alleged that Hiranandani was supposed to construct tenements for weaker sections of society on a government land under the Powai Housing Development Scheme at Powai in the suburbs, but he cheated the state by constructing spacious flats and selling them off at a premium to the affluents.
Now that the stay has been lifted, it is likely that further investigation may open up a can of worms and several ministers, politicians and IAS officers who helped Hiranandani in perpetrating this allegedly massive fraud may get apprehended.
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