Indian-origin ex-airline manager wanted in Canada's largest gold heist to turn himself in: Lawyer
Ottawa, Jun 15: A 31-year-old Indian-origin former Air Canada manager wanted in connection with Canada's largest gold and cash heist worth CAD 22.5 million is preparing to surrender in the next few weeks, his lawyer has said, according to a report on Saturday.
Simran Preet Panesar, wanted in the brazen multimillion-dollar gold heist at Toronto's Pearson International Airport last year, is "very confident in the Canadian justice system," his lawyer, Greg Lafontaine said in a statement to Canadian Broadcasting Corporation (CBC) News.
"When this prosecution is over, he will have been absolved of any wrongdoing," the report quoted him as saying.
On April 17, 2023, an air cargo container carrying more than 22 million Canadian dollars worth of gold bars and foreign currency was stolen from a secure storage facility using fake paperwork, according to the police.
The gold and currency had arrived on an Air Canada flight from Zurich, Switzerland, to Pearson International Airport in Toronto. Shortly after the flight's landing, the cargo was offloaded and transported to a separate location on airport property. It was reported missing to the police a day later.
Police have arrested six people involved in the theft, including Indian-origin people.
Canada-wide warrants were also issued for Panesar, from Brampton, who was also an Air Canada employee at the time of the theft.
Lawyer Lafontaine said Panesar retained him as soon as he learned he was wanted on charges in Canada, according to the report.
The lawyer then contacted police and the Crown prosecutor to tell them Panesar planned to return voluntarily to Canada in the next few weeks.
"He is anxious to have an opportunity to demonstrate his absolute innocence," Lafontaine was quoted as saying. He added that Panesar is "tidying up his affairs abroad in preparation for his return to Canada."
The lawyer did not disclose Panesar's locations, citing safety concerns.
On May 6, 2024, investigators arrested and charged Indian-origin Archit Grover at the airport in Toronto as he flew in from India, according to the police. The police issued a Canada-wide warrant against his arrest earlier in connection with the theft.
In April, two persons of Indian origin – Parmpal Sidhu, 54, and Amit Jalota, 40 -- both from Ontario, were arrested in connection with the case along with Ammad Chaudhary, 43, Ali Raza, 37, and Prasath Paramalingam, 35.
Peel Regional Police has said it is "following all investigative leads" to find the remaining suspects.
The stolen cargo contained 6,600 bars of .9999 pure gold, weighing 400 kilograms, valued at over 20 million dollars and Canadian dollars 2.5 million worth in foreign currency.
In an earlier statement, the police said that investigators seized one kilogramme of gold worth approximately Canadian dollars 89,000, believed to be from the theft, smelting equipment, and approximately 434,000 dollars in Canadian currency.
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BAMUL president slams Flipkart over selling milk for Re 1 per litre
Bengaluru (PTI): Bangalore Milk Union Ltd president D K Suresh on Saturday claimed that e-commerce giant Flipkart is selling milk for Re 1 through "investor-funded discount campaigns", accusing it of undermining the dignity of farmers and the cooperative movement built over decades.
He has lodged a complaint against Flipkart before the Competition Commission of India (CCI) and also written an email to Prime Minister Narendra Modi seeking investigation into "predatory pricing" of milk by the quick commerce platform and its impact on dairy farmers and cooperative institutions.
However, Flipkart said in a statement that it periodically runs limited promotional campaigns on select products available on the platform, often in partnership with banking partners, to enhance customer value.
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"Prices of products on the Flipkart marketplace are determined by individual sellers. All dairy partners and sellers continue to receive their full agreed price for the products they supply, and farmer procurement prices are not impacted in any way," a Flipkart spokesperson said.
Flipkart further said it remains committed to working with farmers, cooperatives and sellers across India to expand market access and support their growth.
Suresh, brother of Deputy Chief Minister D K Shivakumar and also a former MP, slammed Flipkart for its latest move.
Taking to social media platform 'X', the Bangalore Milk Union Ltd (BAMUL) president said that milk is not a Re 1 flash deal. It is the livelihood of millions of farmers.
"Behind every litre of milk is the sweat, labour, and livelihood of our farmers. Predatory discounting by companies like Flipkart weakens India's dairy cooperatives and hurts farmer incomes," he said.
He urged both the central and the state governments to act immediately to protect the farmers and the cooperative movement.
In another post, Suresh said that milk is not a marketing gimmick. It is the livelihood of millions of dairy farmers who work every day to feed this nation.
"Flipkart is selling milk for Re 1 through investor-funded discount campaigns and is undermining the dignity of farmers and the cooperative movement built over decades," he added, urging public to choose farmers, cooperatives and Nandini, a dairy brand owned by the Karnataka Milk Federation (KMF).
Speaking to reporters here earlier in the day, he said that a complaint would be lodged against Flipkart before the Competition Commission of India (CCI) under Section 19(1)(a) over the company's move to sell one litre of milk for Re 1.
He alleged that such competition aimed at capturing the market would hit farmers hard.
"Around Rs 2,000 crore has reportedly been spent on this initiative. It is not appropriate to misuse public shareholders' money in this manner," he said.
According to him, the move could undermine long-standing milk cooperative institutions that have existed since the pre-Independence period.
"Multinational companies are working against farmers' interests. They should clearly state in their advertisements how long they will sell milk at such low prices. Flipkart must withdraw from this move that harms the farming community," he added.
Suresh claimed that 14.5 lakh litres of milk had already been sold under the scheme and advertisements had been issued widely.
"Public money is being invested to attract customers. The company should disclose how long it plans to sell milk at this price," he said.
Responding to a question on whether the sales of Nandini milk had dropped, he said several brands operate in the market and not just Nandini.
"BAMUL's sales have dropped by about 40,000-50,000 litres. We need to ascertain how long this decline has continued," he said.
Asked if other entities were behind the scheme, he said information was still being gathered. "I have seen a couple of advertisements and will also discuss the matter with officials. Under the guise of business, it is not right to ignite a crisis for the farming community," he said.
Suresh said farmers are currently paid Rs 38-40 per litre for milk. "How can they sell it for Re 1? "We need to find out from whom they are purchasing the milk and where it is coming from," he said.
When asked whether farmers should be advised not to sell milk to such companies, Suresh said it was not clear where the company was procuring milk from, including bulk producers.
"We are also checking whether milk powder is being mixed. I have asked for samples and instructed that they be tested in laboratories. If cooperative institutions collapse, the direct impact will be on farmers," he added.
