Resource Money Power Infotec Ltd or RMP Infotec Ltd has appealed to the Andhra Pradesh High Court to transfer the criminal case against it over to the Economic Offences Wing of the State CID for further investigation instead of presently being investigated by the law and order police. It also appealed to the Honourable High Court to release the Rs. 26 crore frozen by the Police Department.
While agreeing in principle to hand over the case to the CID, Justice Bhanu asked the counsel of RMP to file an affidavit first regarding the disbursement of compensation money to its members. The Honourable Judge averred that the Public Prosecutor should discuss the issue of handing over the case to the CID with the investigating officer of law and order police whether they have any objection regarding the transfer of the case.
Anyway, the Honourable Judge refused to give any relief regarding the frozen funds. The decision would be taken only after the accused company files the affidavit about how it is actually distributing money to its members.
The intention of RMP Infotec is clear regarding the transfer of criminal case to the CID. Presently the criminal cases are spread in several districts of the State and it has become difficult for these crooks to handle the issue individually. So they are asking for centralisation.