2 days remand of controversial CA Shethna allowed to crime branch by local court

Ahmedabad:

A local court here today allowed 2 days remand of controversial CA Tehmul Shethna, who had come to limelight in Rs 13860 crore false IT declaration case of Mahesh Shah here, and was arrested by the city police in connection with a case of alleged fraudulent withdrawal of a trust money.

The Crime Branch of Ahmedabad police had sought five days remand of Shethna but the court allowed it for two days only for interrogation and investigation.

A police official said that Shethna who was absconding since long was wanted in two cases. He had returned in the city two days back in connection with March closure and was caught on the same day ie March 27.

He had allegedly fraudulently withdrawn money from the bank account of a trust of which he was CA with the help of fake signature. Trustee Shivangi A Panchal had lodged a case in December last year in Navarangpura police station. Another such case against him was also lodged his ex-wife.

Notably, the IT had also conducted raids on his office during the dramatic incident of declaration of Shah. His role in the whole incident which kept the IT sleuths puzzled for long was also under scanner.

DeshGujarat