Blind manhunt by CID

2005
By Syed Akbar
Hyderabad, July 3: The Crime Investigation Department is on a virtually blind manhunt after four top most wanted economic offenders in the State as it does not know how they look alike.
The CID does not have the photographs of the top most four of the 12 economic offenders on the run. It is no wonder then that the department has made no appreciable progress in the past nine years in the investigation. The economic offenders, who had cheated gullible people through finance companies, continue to escape the police dragnet.
The CID has announced on its official website that it will pay a "handsome reward" to those who give information on these offenders. It is not clear how the common man will pass on the information to the CID when the investigating agency does not know how the offenders look alike.
Interestingly, the CID has all the details of top most four economic offenders Raji K Verghees, Thomas K Verghees, KV Verghees and Sajan K Verghees but in the absence of their photographs, the investigating agency is unable to trace them. The CID has traced their address to Kottayam in Kerala.
These most wanted economic offenders floated Oriental Finance and Exchange Company and lured the gullible people by offering exorbitant rates of interest. They collected deposits to the tune of Rs 1.40 crore and cheated the depositors without repaying their hard earned money.
The Central Crime Station, Hyderabad, registered a case (no. 61/87) on April 13, 1987 under Sections 409, 420 and 477 of IPC and Section 45 (s) of RBI Act.
Krushi Bank former chief K Venkateshwar Rao used to occupy the No. 1 slot in the list of wanted economic offenders in the State. But with Venkateswara Rao's arrest, Raji K Verghees has occupied his slot.
The other most wanted economic offenders in the CID list are Kulwinder Singh, G Ravinder, Idureddy Venkat Reddy, Pothubattula Seshagiri Rao, LT Ratna Paul, Manmohan Monga, Panchiparvala Kanya Nageswara Rao and Huzefa Ibrahim Bahroin (Charminar Bank).