Ferozepur (PTI): A 32-year-old shopkeeper, son of a RSS leader, was shot dead by two unidentified motorcycle-borne assailants here, police said on Sunday.

The victim was identified as Naveen Arora (32), they said.

According to sources, Naveen's father, Baldev Raj Arora, was associated with Rashtriya Swayamsevak Sangh (RSS) for the last several years.

The incident occurred on Saturday when Naveen was walking down from his shop to his residence located near Dr Sadhu Chand Chowk.

The two unidentified youth who were on a motorcycle arrived and opened fire at Naveen from point-blank range and fled.

Naveen was later rushed to a private hospital, where he was declared dead on arrival.

Punjab BJP chief Sunil Jakhar said the murder of Naveen Arora, who was the son of RSS leader Baldev Raj Arora in Ferozepur, has once again exposed the AAP government's failures in law and order.

In a post on X, Jakhar said that in the state, gangsters are effectively running the government, while Chief Minister Bhagwant Mann has failed to fulfil his responsibilities.

Today, the people of Punjab are forced to live in an atmosphere of terror, Jakhar said.

Meanwhile, as soon as the matter was reported, senior police officials, including Senior Superintendent of Police Bhupinder Singh, reached the spot and took stock of the situation.

The SSP said that the police were checking the CCTV footage to ascertain the identity of the assailants. The accused will be arrested soon.

Ranbir Singh Bhullar, MLA Ferozepur (Urban), also reached out to meet the family members and assured strict action against the accused.

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New Delhi (PTI): The CBI on Wednesday registered a fresh case against industrialist Anil Ambani and Reliance Communications Ltd for allegedly causing a loss of Rs 3,750 crore to Life Insurance Corporation (LIC) of India, officials said.

The CBI has filed the case for the alleged offences of conspiracy, cheating and misappropriation and under the provisions of the Prevention of Corruption Act on a complaint from the LIC, making it the fourth case against the company and Anil Ambani, they said.

The agency has alleged that LIC was fraudulently induced to subscribe to Non Convertible Debentures (NCDs) worth Rs. 4500 crore between 2009 and 2012 on the basis of false representations made by Reliance Communications Ltd. and its management regarding the financial health of the company, and security and asset cover offered to LIC while subscribing to the NCDs.

The insurer suffered a loss of over Rs 3,750 crore and ordered a forensic audit against the company.

The forensic audit report dated October 15, 2020, conducted by BDO India LLP, reported that RCOM and its management had resorted to misutilisation of funds raised from banks and financial institutions, routing of funds through subsidiaries, misuse of sale invoice financing, discounting of fictitious bills, systematic siphoning of funds through inter-company deposits/shell related entities, creating and write-off of fictitious debtors and receivables and gross overstatement of security.

It said there was a mismatch between the charges and the assets.