GreNo: Two men accused of torching own factory to claim insurance held

By City Spidey
Photo: City Spidey
Posted: Mar 27, 2019

In a crime-related incident, the local police on Wednesday arrested two men for allegedly setting their own factory on fire in order to claim the insurance money.

The accused have been identified as Sayyed Mujahid Askari, a native of Omaxe Royal Residency in Sector 44, Noida and Singh Raj, a native of Sector Delta 1, Greater Noida. They used to run a syringe manufacturing factory named SRS Meditech on a rented premise, located in Kasna's industrial area, till October 2018 when it gutted due to a fire incident.

However, the owner of the premises called it a plotted mishap. He alleged both the accused of not paying the rent amount. Instead, in order to get the insurance money, which sums up to Rs 75 crore, the accused allegedly set it ablaze, in which two persons died.

"During the investigation, we came to know the accused failed to pay Rs 7 lakh per month as rent to the owner. They threatened him following which they allegedly shifted all the expensive machines and tools from the factory to another place before setting it on fire. We sent both of them to prison but they came out on bail,” said Muneesh Chauhan, SHO, Surajpur.

Both the accused were issued non-bailable warrants (NBWs) by the court for not appearing on the day of hearing of the case.

“The accused missed the hearing of the case against them on multiple occasions after which NBWs were issued against them. They have been booked under Section 420 (Cheating), 341 (Punishment for wrongful restraint), 436 (Mischief by fire or explosive substance with intent to destroy house) 506 (Punishment for criminal intimidation) of the Indian Penal Code,” Chauhan concluded.





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