Embezzlement of Gulberg funds: Teesta Setalvad’s bail plea rejected, faces arresthttps://indianexpress.com/article/cities/ahmedabad/embezzlement-of-gulberg-funds-teesta-setalvads-bail-plea-rejected-faces-arrest/

Embezzlement of Gulberg funds: Teesta Setalvad’s bail plea rejected, faces arrest

She is alleged to have embezzled funds meant for 2002 Gujarat riot victims.

A sessions court on Tuesday rejected the anticipatory bail application of activist Teesta Setalvad, her husband Javed Anand and three others in a criminal case in which she is alleged to have embezzled funds meant for 2002 Gujarat riot victims.

The rejection of anticipatory bail comes as a blow to the activist who is likely to be arrested by the Detection of Crime Branch, (DCB), Ahmedabad. A former resident of Gulberg Society had lodged an FIR against Teesta, her husband Anand, Tanvir Jafri, son of ex-Congress MP Ahsan Jafri, and two others.

According to the complainant, Teesta and other accused allegedly embezzled funds they generated by claiming that Gulberg Society will be converted into a “museum of resistance.” However, according to complainant, after collecting funds for more than Rs 1.5 crore the “museum” was never built.