City Limouzine ‘scam’ spills onto street, five executives held

Written By Somendra Sharma | Updated:

The police registered a case against five company executives for not taking the required permissions to hold such a meeting.

The City Limouzine executives seem to have a knack for getting into trouble. A meeting of its investors, organised by the company on Wednesday, led to a three-hour traffic chaos on VP Road as 10,000 investors gathered at the Wilson School premises.

The police registered a case against five company executives for not taking the required permissions to hold such a meeting. Starting around 11am, the meeting led to traffic jams on and around VP Road. The local police had to call in state reserve police force and home guards to control the crowd and the traffic. The cops also made announcements on megaphones, saying that the meeting was cancelled.

“No police permission was given for this meeting,” said Sanjay Mohite, deputy commissioner of police, Zone II. “The organisers had applied for permission to conduct a meeting at Wilson School, but their application was rejected. Yet they went ahead with the meeting. We were shocked to see such a huge crowd,” Mohite said.

The Wilson School ground, where the meeting was held, was so packed with investors that some had to find space atop trees, and the boundary walls to listen to the City Limouzine officials. The investors came from all over the country. The high court had directed the company to organise a meeting of its investors after it triggered a controversy by allegedly cheating several thousand investors.

“As per the HC directives, a meeting was organised by the company officials. But they did not follow proper procedures. A representative of the company should have discussed with the police about the meeting and about the expected crowd. A case was registered against five persons, including company lawyer Virendra Maurya, finance manager and other company representatives. They have been placed under arrest,” senior inspector Vilas Patil of VP Road police station said. Another meeting, scheduled for 3 pm on Wednesday, was cancelled.

“Normally, it takes not more than three minutes to reach Sikka Nagar from CP Tank. But today, it took more than 20 minutes to travel the distance. I had to reach Harkishan Hospital, but got stuck in the jam. I have never seen such a huge crowd on this road,” said Rajiv Joshi, a garment dealer.