Summary:
After the recent crisis leading to her arrest, this is the first case registered against Nowhera Shaikh in the state, outside Mumbai. Shaikh contested the Karnataka assembly polls early this year in 221 of 225 seats, forming the All India Mahila Empowerment Party, whose symbol was a diamond. They had invested this sum in instalments between November 2013 and July this year. Authorities said after reports of unrest amongst HIBG investors appeared, city police chief Chiranjeev Prasad approved registration of offence against the investment firm.Based on the complaint lodged by a retired teacher, the City Chowk police station, on Sunday registered an offence under Sections 420 (cheating) and 406 (criminal breach of trust) of IPC. The party drew a blank in the polls..