<p>Dinesh Menon, General Power of Attorney holder of UAE-based Alsaa Petroleum and Shipping on Saturday <br /><br />alleged that the police are going soft while investigating a fraud case involving $9 million against the City-based export company Twenty First Century Wire Rods Ltd. Menon had also hinted at taking up the matter in the High Court seeking an inquiry by Central Bureau of Investigation (CBI). <br /><br />Ulterior motives<br /><br />Addressing the media on Sunday, Bidari said that the allegations against the department are made with ulterior motives and distracting the investigating agency to investigate the case in a particular manner. He said that the investigation into the alleged fraud was proceeding impartially.<br /><br />“We have no objection if the case is handed over to the CBI. The complainant has the right to challenge the final investigation report,” Bidari said. <br /><br />Twenty First Century Wire Rods Limited bagged contract tendered by the Alsaa <br />Petroleum and Shipping for exporting iron ore worth $9 million to Pakistan Steel Mills Limited. <br /><br />The City firm dispatched two consignments of the ore from the Belekeri port near Karwar and from a Goa port.<br /><br />Poor quality ore<br /><br />In June, Alsaa Petroleum and Shipping filed a complaint with the Sadashivanagar police station accusing the exporter of supplying inferior quality iron ore to Pakistan Steel Mills Ltd. <br /><br />The case was transferred to City Crime Branch (CCB), but Alsaa alleged that CCB is trying to undermine the gravity of the matter by converting it into a civil case.</p>
<p>Dinesh Menon, General Power of Attorney holder of UAE-based Alsaa Petroleum and Shipping on Saturday <br /><br />alleged that the police are going soft while investigating a fraud case involving $9 million against the City-based export company Twenty First Century Wire Rods Ltd. Menon had also hinted at taking up the matter in the High Court seeking an inquiry by Central Bureau of Investigation (CBI). <br /><br />Ulterior motives<br /><br />Addressing the media on Sunday, Bidari said that the allegations against the department are made with ulterior motives and distracting the investigating agency to investigate the case in a particular manner. He said that the investigation into the alleged fraud was proceeding impartially.<br /><br />“We have no objection if the case is handed over to the CBI. The complainant has the right to challenge the final investigation report,” Bidari said. <br /><br />Twenty First Century Wire Rods Limited bagged contract tendered by the Alsaa <br />Petroleum and Shipping for exporting iron ore worth $9 million to Pakistan Steel Mills Limited. <br /><br />The City firm dispatched two consignments of the ore from the Belekeri port near Karwar and from a Goa port.<br /><br />Poor quality ore<br /><br />In June, Alsaa Petroleum and Shipping filed a complaint with the Sadashivanagar police station accusing the exporter of supplying inferior quality iron ore to Pakistan Steel Mills Ltd. <br /><br />The case was transferred to City Crime Branch (CCB), but Alsaa alleged that CCB is trying to undermine the gravity of the matter by converting it into a civil case.</p>
