Two days before in DNA news paper sanjay saxena(EOW) told that they had not freezed the city limouzines bank account.but today in DNA news paper by seeing masood interview, masood is saying EOW is harrassing me.
Then if reporter is genuine means he should ask question to masood saying that what EOW told to DNA? but that news is not available here in todays paper.byseeing it clearly I got one picture that masood is playing legal game. DNA reporter is also making us fool.
In india EOW cant freeze any bank accounts, they are having power to investigate only.masood is telling lie.he is playing legal game
so friends dont believe DNA news.it is totally wrong news.
why masood should go for court to restructure company.pls think what happened still now.why he should say 7%.
‘I can repay investors from next week’
In the midst of a row over allegedly
cheating several thousand investors
to the tune of crores of rupees, City
Limouzine chairman Sayed Masood,
in an exclusive interview with DNA*,
said he is ready to repay the money
to his investors if officials of the economic
offences wing(EOW) of the
Mumbai police stop ‘harassing’ him.
Excerpts:
Who do you blame for the current
problems in your company?
*The EOW investigations are responsible.
I have a company that
has been functioning for more than
15 years. I never defaulted in making
payments. However, I could not
focus on the company ever since
the EOW began harassing me. After
being constantly summoned by
the police, I had to shut shop. I also
blame the media for their wrong
publicity.
*What is stopping you from
carrying on with your business?
The investors say you have
assured repayments from the
next month
*The Supreme Court had said that
the police can investigate the alleged
cheating case of Rs55, 000 filed
by one of the investors. But on the
pretext of investigating the case,
the police is making lakhs of investors
suffer. The EOW is not allowing
me to run my operations. I
can start repaying people from next
week itself if the EOW stops harassing
me. I believe there should
be some outcome of the case by November.
*How is the police ‘harassing’ you?
*Every now and then, EOW officers
come to my office and asks for
various documents and use pressure
tactics. I have appointed a PR
person and lawyers who can answer
all their queries, yet they summon
me to their office at Crawford
Market.
*The police say they fear that you
might flee the country and have
hence impounded your passport.
What is your take on that?
*My passport was never impounded.
I wanted to meet my family,
which stays abroad, for Eid, but
the police felt that it was a tactic to
flee the country.
*Do you fear coming before the
investors? Do you still go to your
office?
*I have no fear from my investors
as they are with me and will always
support me. I had to stop my business
operations as I could not focus
on them. I have stopped visiting my
office.
*What is your appeal to your
investors?
*I can only ask them to be patient
and stand by me in this situation. I
hope the situation will be fine like
before and soon we will be able to