Victims in the Ambidant case have demanded a CBI investigation, saying they have lost hope with the Central Crime Branch (CCB) .
Observing no progress in the investigation and recovery of their money, angry investors, on Wednesday, held a press conference and said that the CCB is not a competent agency to investigate the case, as money amounting to ₹900 crore has been diverted to various companies, including outside the country.
“Apart from Bengaluru, Ambidant has branches in Ballari, Mysuru and in Dubai in the UAE where the entire money has been diverted. We have given a list of companies to the CCB that Ambidant had transferred money to, but we don’t think the CCB will recover our money,” said Zaid Khan, an architect and an investor.