A court here on Friday remanded ex-servicemen C.K. Sharma, 75, in one-day police custody in a case of alleged misappropriation of funds of a society that organised the 'One Rank One Pension' movement.
Sharma was arrested on Thursday evening from his residence here on a complaint filed by another ex-serviceman Raj Kadyan, a police officer said.
The accused is the treasurer of Indian Ex-servicemen Movement (IESM) which was instrumental in the 'One Rank One Pension' movement.
IESM describes itself as "an all-India federation of ex-servicemen's organisations and also, any individual military veterans who wish to join it".
Other two accused in the case, ex-servicemen Satbir Singh and V.K. Gandhi, have yet to be arrested, said the police officer.
Satbir Singh and Gandhi are also leading members of IESM.
"The accused was produced before Judicial Magistrate First Class Ashok Kumar. We asked for at least two days' custody but only one day remand was accepted," Ghulam Mohammad, the chief of the economic offences wing of the police, told IANS.
The first arrest in the case was made after Gurgaon's Additional Sessions Judge Phalit Sharma rejected an anticipatory bail application on February 29.
According to the complaint filed on February 8 last month by Raj Kadyan, Sharma, Satbir Singh and V.K. Gandhi embezzeled Rs.14 lakh from the account of IESM.
The three accused have been booked on charges of cheating, criminal breach of trust and acts done by several persons with a common intention (sections 420, 406 and 34 of Indian Penal Code).
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