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The complainant alleged that when he sought to refund the amount, the accused threatened him that he he was in the army intelligence wing
The complainant alleged that when he sought to refund the amount, the accused threatened him that he he was in the army intelligence wing|Representational image
MIZORAM

FIR against Mizoram investors’ summit CEO over Rs 50 lakh fraud

In his complaint filed in Panchkula, Haryana, Sungevity Enterprises MD Premjeet Sharma alleged that the accused cheated him of the money to install a 100-MW solar power plant in Mizoram

Henry L Khojol

Aizawl: Sungevity Enterprises, a Haryana-based private solar electricity company  has filed a complaint against Magnetic Mizoram Investors Summit chief executive officer (CEO)and managing director of Innovations India Rahul Sudesh Bali over an alleged Rs 50-lakh fraud and threat.

Sungevity Enterprises managing director Premjeet Sharma told EastMojo that an FIR was filed against Bali, Bhavna Bali and other directors of Innovation India at Panchkula police station in Haryana in the name of company director Sanjeev Gharoo recently.

In his complaint, Gharoo stated that Rahul Bali offered him to install a 100 MW solar power plant in Mizoram and called the company to sign an MoU with the Mizoram government in April 2018.

Bali also assured the company he will assigned the project on PPA (Power Purchase Agreement) mode. He said that Bali had demanded Rs 70 lakh from the company for the project and promised that he will bear all the costs incurred towards the miscellaneous expenses.

The company then paid Rs 50 lakh to Bali on different dates between August and September last year.

Gharoo alleged that Bali had sent him a copy of agreement by email to save his skin, mislead and divert the company’s attention. The agreement duly signed by Bali mentioned that the amount his borrowed from Sungevity was indicated as miscellaneous expenses of the project.

“The accused(s) failed to serve us and cheated huge amount for their lip services as no PPA has been signed as yet for the project,” Gharoo said in his complaint.

He further alleged that when he sought to refund the amount, Bali threatened him that he he was in the army intelligence wing and has good links with international terrorists.

Bali had also to pay another extra Rs 10 lakh and warned the company to use international connection to  get the money, Gharoo said.

On Aprl 21, 2018 Sungevity Enterprise signed a Memorandum of Understanding (MoU) with the Mizoram government for a Rs 630-crore solar power project in the state based on the initiative of Rahul Bali.

The MoU was signed by the then Mizoram chief minister Lal Thanhawla and Sungevity managing director Premjeet Sharma.