Interpol's help is being sought to find out Rashid Naseem, CMD of Shine City Group of Companies, who robbed investors' hard-earned money on the pretext of cheap houses and other lucrative schemes in Lucknow. The EOW (Economic Offenses Wing) suspects Rashid to have his hideout in Dubai, due to which the investigating agencies are now trying to issue a Red Corner Notice against him. Lookout notice has been issued against Rashid. During the investigation, some close relatives of Rashid Naseem have given concrete information about his hiding in Dubai. Dubai Embassy officials have also been contacted to reach Rashid.
The government is taking its steps under the policy of zero tolerance in corruption cases. In this episode, a reward of five lakh rupees has been announced on the accused Rashid Naseem and his brother Asif Naseem. Along with this, a reward of one lakh rupees each has been announced on his active companions Ashish Kanojia, Nitin Jaiswal, Jasim Khan, Abhishek Yadav and Mushahid. EOW is investigating 284 cases registered against the operators of Shine City Group of Companies in the state. According to an EOW official, in the investigation of the cases registered in the state, till now the matter of cheating investors of Rs 237 crore has come to the fore. However, the actual amount cheated is much more than this.
People of Bihar, Bengal and other states of Rashid and his associates were also targeted and crores of rupees have been snatched from them too. After the main accused are caught, it will also be clear that where the money in the accounts of the company was invested on a large scale. DG EOW RK Vishwakarma says that 51 accused have been arrested so far in this case of cheating of crores of rupees. Further investigation is being done on the basis of the facts revealed in his interrogation. Search is on for about seven other accused. The help of other investigative agencies is also being taken to find the accused Rashid and his brother.