Court allows ED to quiz Stock Guru scam accused

A Delhi court has allowed the Enforcement Directorate (ED) to interrogate and record the statements of Ullas Prabhakar and his wife, accused in the multi-crore Stock Guru scam case, in Tihar Jail here.

The order came on an application filed by the ED seeking permission to examine and record the statements of both the accused, who are presently lodged in Tihar jail under judicial custody, in the prison itself.

During the arguments on the plea, ED’s prosecutor Naveen Kumar Matta told the court that some acts of both the accused, Ullas Prabhakar alias Lokeshwar Dev and his wife Raksha alias Priyanka Saraswat, were covered under the Prevention of Money Laundering Act and their interrogation was required for the probe into the case.

Matta told the court that interrogation and recording of statements of both the accused was necessary for proceeding in the ongoing probe and the ED’s investigators may be allowed to examine them in jail.

Chief Metropolitan Magistrate (CMM) Ajay Pandey allowed the plea and asked ED officers, including an Assistant Director, to interrogate Ullas and his wife in jail.