The missing gold is part of 400.5kg in bullion and ornaments seized by the CBI in 2012 when it raided the office of Surana Corporation Ltd in Chennai. The gold was kept in the safes and vaults of Surana under the CBI’s lock and seal.
The central agency said it had handed over the 72 keys of the safes and vaults to the Chennai principal special court for CBI cases. The CBI claimed that during the seizure, the gold bars were weighed all-together but while handing over to the liquidator, appointed for a settlement of debts between Surana and the SBI, it was weighed individually and that was the reason for the discrepancy.
Refusing to accept the submission, Justice Prakash directed a CB-CID probe by an officer in the SP rank to be completed in six months. The CBI told Justice Prakash that its prestige would “go down” if the investigation is done by local police.
To which Justice Prakash said: “…law does not sanction such an inference. All policemen must be trusted, and it does not lie in the mouth of one to say that CBI have special horns, whereas, local police have only a tail.”