The Ahmedabad Rural Court has granted a three-day remand for Naresh Prajapati, the accountant accused in the BZ scam, believed to be worth  ₹6,000 crore.

Prajapati was arrested by the CID Crime Branch and presented in court. During the hearing, prosecutor Pravin Trivedi informed the court that in the BZ scam, 11,232 people have been defrauded of ₹422.96 crore.

The accounts of the BZ scam were managed by Prajapati, and for this reason, he needs to be questioned, the prosecutor argued. The BZ firm operated 16 branches in different locations, and Prajapati was working at the Ranasan branch, where he handled the firm's accounts.

It was also found that ₹92.89 lakh were transferred from the BZ account into Prajapati’s personal account.

To investigate where he used this money and what assets he acquired with it, the prosecutor argued that the remand was necessary. Additionally, since Prajapati was handling the accounts for the BZ scam, questions were raised about the audit of the firm, as well as the whereabouts of client forms and related documents.

To further question him on these matters, the prosecutor sought the remand of the accused in the BZ scam. The rural court granted the remand of the accused for three days.

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