IN FURTHERANCE OF INVESTIGATIONS INTO FIR REGISTERED AGAINST BIKRAM SINGH MAJITHIA,SUSPICIOUS FINANCIAL TRANSACTIONS WORTH CRORES UNCOVERED BETWEEN GILLCO DEVELOPERS AND ENTITIES LINKED WITH BIKRAM SINGH MAJITHIA MANY INCRIMINATING DOCUMENTS, ELECTRONIC DEVICES AND OTHER EVIDENCES SEIZED
Face2News/Mohali/Chandigarh
In furtherance of the investigations into FIR No. 22 dated 25-06-2025, registered at Punjab Vigilance Bureau (VB) Police Station Flying Squad, SAS Nagar, against Bikram Singh Majithia, searches were carried by the Vigilance Bureau, Punjab out on Saturday, i.e., 02-08-2025, at three premises linked to Gillco Developers.
During the searches, the Vigilance Bureau has uncovered details of suspicious financial transactions running into crores between Gillco Developers and entities linked with Bikram Singh Majithia. Further investigations are ongoing.
Disclosing this here today, an official spokesperson of the State Vigilance Bureau stated that the searches were carried out in Punjab and Chandigarh. He added that after registration of FIR against Bikram Singh Majithia, certain suspicious financial links and transactions between Gillco Developers and some of the entities had come to notice. These were developed in a meticulous manner by conducting investigations. To conduct further in-depth inquiries into these transactions and to gather relevant evidence, the Vigilance Bureau has conducted these searches in accordance with procedure established by law.
Several incriminating documents, electronic devices and other evidences have been seized in the ongoing searches. The spokesperson informed that the search operations were conducted strictly in accordance with the legal procedures and the search was still underway. “Electronic devices and relevant documents were also seized during the above searches”, he added.
