Overview

• The FIR followed an August 18 complaint from AAI built on an internal audit that flagged abnormal capitalisation between 2019–20 and 2022–23.
• Investigators searched the official and residential premises of Rahul Vijay in Jaipur on August 28 before taking him into custody.
• The complaint alleges he created duplicate and fictitious assets, inflated values and employed three SBI online user IDs as an authorised signatory to move money to personal accounts.
• A cited instance describes Rs 67.81 crore in genuine entries on September 29, 2021, followed by 17 fictitious assets totaling about Rs 189 crore the next day.
• The FIR invokes conspiracy, criminal breach of trust, forgery and falsification of accounts under the IPC and the Prevention of Corruption Act, with preliminary tracing indicating transfers to trading accounts.