Alleged Fraud of Rs 20 Million: Lekraj Hemraz Appears Before the Weekend Court

Lekraj Hemraz, an Assistant Manager at a management company, was arrested on Friday by the Financial Crimes Commission (FCC) for an alleged embezzlement of Rs 20 million. He appeared before the Weekend Court on Saturday, where he was provisionally charged with money laundering before being remanded in police custody.

His arrest follows a complaint filed by a client company of the firm that employed him. Several clients had also expressed their grievances to this fund management company. A complaint was registered with the FCC regarding this matter.