Siddharth Khera declared absconder in alleged ₹400-crore Seagull Maritime fraud case
What Happened
A Delhi court has declared Khera an absconder in the alleged ₹400-crore fraud involving Seagull Maritime Agencies Pvt Ltd and directed police to register an FIR against him. The court said Khera failed to appear despite completion of the 30-day proceedings under Section 82 of the CrPC. The Economic Offences Wing had registered the original FIR in January 2022 for alleged cheating, forgery, criminal breach of trust and conspiracy. Investigators allege Khera and his father Khera diverted Seagull Maritime business and payments to Azure International LLC and another related firm.
Key Takeaways
The court declared Khera an absconder and ordered police action, but the ₹400-crore fraud allegations are yet to be tested at trial.