Director Accused Of Having Swindled Rs 25 Million

The shareholder of the company accused of fraud. In its complaint, recorded at the police station in Grand Bay on Sunday, forty states have invested 600,000 euros (Rs 24.78 million) in that company in 2011. The young director had promised him that he would receive 5% of the money invested every month. The shareholder seeing come see that nothing has been fooled.

The director denied the allegations. He says the forty voluntarily agreed to invest in his company. The young man appeared in court Mapu Monday, under a provisional charge of fraud. Who could not provide a deposit of Rs 500,000, it was renewed in police cell.