NEW DELHI: In a major development, the Financial Crimes Investigation Agency (FCIA) has taken journalist Mahesh Langa into custody for his alleged involvement in an economic fraud case.
Langa was presented before the Special Court for Financial Offenses in Mirzapura, Ahmedabad, where the court approved a four-day remand until February 28, 2025, to facilitate further inquiries.
The investigation was initiated after a complaint was lodged at the Economic Offenses Wing (EOW) of Ahmedabad City Police, implicating Patel and others in financial deception and breach of trust.
Officials discovered that an additional fraud case had been registered against langa at the Satellite Police Station, Ahmedabad, where he was accused of embezzlement, dishonest financial dealings, and causing monetary losses worth several crores to private individuals.
During the probe, the FCIA uncovered a pattern of high-value fraudulent transactions linked to Langa. His activities allegedly involved coercion, systematic financial manipulation, and the abuse of his journalistic influence to intimidate people.
Furthermore, Langa has been connected to an Input Tax Credit (ITC) fraud under the Goods and Services Tax (GST) framework, which remains under scrutiny.
According to investigators, Langa allegedly concealed and misrepresented crucial financial data to disguise the true nature and source of illicit funds.
His conflicting statements during interrogation have heightened suspicions regarding his role in orchestrating financial misconduct.
The case has gained widespread attention due to Patelโs media background and the gravity of the allegations.
Authorities assert that their investigation is ongoing and aims to expose the full scale of financial irregularities and Langaโs level of involvement.
This arrest marks a pivotal step in the agencyโs crackdown on economic offenses, reinforcing its commitment to tackling fraudulent financial activities and ensuring accountability.
