Bogus investor insults Zambian Judiciary
…serve the summons in my ass, dares Panyam Vikram Deva Reddy of Lusaka
By Staff Writers
A BOGUS investor – Panyam Vikram Deva Reddy, posing as an influential property buyer has reacted angrily to Court Summons telling a plaintiff- VINOD YADDULA to go to ‘HELL’ or serve the judicial documents into his ‘ass’, in a Whatapp pictorial response sent from India.
According to information reaching our News Desk, when the defendant was reached with Court Summons, the bogus investor resorted to sending obscenities in pictorial and word form, protesting that he would use the Court Documents to wipe his (Panyam Vikram Deva Reddy’s) ‘penis’ after enjoying his conjugal rights.
The bogus investor – Panyam Vikram Deva Reddy -was supposed to appear before a Lusaka Magistrate at the Subordinate Court, opposite Chimbokaila Prison, now christened as Lusaka Central Correctional Facility (LCCF), on Monday 24th December 2019, on Paul Banda Road but did not turn up, compelling a Lusaka Magistrate to set Tuesday 28th January 2020 as a new date on which to hear the two parties.
“Guddalo madachi pettuko. Pani ayipoyinaka thuduchukodaniki pampinanduku thanks- (Okavela “Anuhya” ilaa ante, anukunte yelaa ani alochana raledaa raa Yeddu laa) Serve the court documents in my ass, so that I will use them to clean myself after sleeping with a woman,” the bogus investor rebuked the plaintiff, perhaps as a confirmation that the Court Summons has reached him in India.
The Lusaka Subordinate Court has since asked VINOD YADDULA, the plaintiffs’ lawyer to serve fresh documents on the defendant so that he does not make lack of such notification as a justifiable alibi (reason or explanation), not to appear on Tuesday 28th January 2020, set as a new date.
The plaintiff VINOD YADDULA an Indian national of Plot No. 11, Mwembeshi Road, off Lubambe Road, Northmead, Lusaka, is now living in fear as the defendant Panyam Vikram Deva Reddy continues to threaten the complainant, physically and emotionally, to the extent of an apparent conspiracy with bribable Zambia Police Service, operatives, in Lusaka.
Instead of pursuing the case in point, the bogus investor recently sneaked into Zambia, ostensibly to sue the plaintiff for non-payment of a K30, 000 bills, thus ignoring the matter at hand, which was already before a Zambian Magistrate.
The plaintiff now has to look over his shoulder, following the threat on his life, apparently worsened when the bogus investor connived and recruited the complainants, right hand close confidante at a popular 10 miles nightspot, on the Great North Road.
“I am worried that I can be hurt by this bogus investor,” the plaintiff – VINOD YADDULA sought protection as the Indian Fraudster, Panyam Vikram Deva Reddy continues stalking him through police officers and ordinary operatives in Zambia.
The plaintiff- VINOD YADDULA was initially employed by the defendant but upon discovery of the investors true worth and despicable character, the complainant opted out of the transaction, and the resignation was accepted on 4th November 2018.
Surprisingly, the defendant does not keep money within the shores of Zambia, own an office in Lusaka, nor employ indigenous Zambians,” as is apparently with the plaintiff, currently employing 14 women and men on full time basis.
In an Affidavit Verifying Facts (AVF) dated Sunday 9th December 2019, Vinod Yaddula took oath that he as a former employee of a company called Vikram Investment Limited, which is apparently owned by the 2nd Accused.
“I am a former employee of a company called Vikram Investment Limited owned by the 2nd Accused. I resigned from the said company on Tuesday 4th December 2018. That after my resignation, I concentrated on running my own company which I and two other shareholders incorporated in 2015 called Srisai Chatrika Mining Limited, incorporated with the Patents and Company Registration Agency (PACRA). The 2nd Accused on Tuesday 4th December 2018, as chairman of Vikram Investment Limited accepted my resignation and indicated that I was not owing the company anything,” the affidavit reads in part.
Vinod Yaddula recollected that on Sunday 30th December 2018, he left for India to attend to family matters and had an initial plan to be in India for a year till December 2019, but on his way to Kenneth Kaunda International Airport (KKIA), the plaintiff dropped a wallet containing US$8, 000 00 and a report was made before police and National Airports Corporation (NAC) administration at the KKIA.
During his absence from the Republic of Zambia, Vinod Yaddula, trusting that he came from the same village as the 1st Accused, confidently left the keys to the house and business property in the custody of Kalikiri Poornakumar.
toAs a precautionary measure, Vinod Yaddula tasked the 1st Accused and company secretary, a Mr. Kizito to recover the missing money, which Kalikiri Poornakumar collected alone, thus raising suspicion on the part of the police.
Following delays to collect the money from the Zambia Police Service, Vinod Yaddula instructed his manager to organize a return air ticket to Lusaka, Zambia, so that the plaintiff could come and collect the said money.
On his way to Lusaka, whilst in the Republic of Rwanda, Vinod Yaddula received information from one of the workers that the 1st Accused had gone missing.
When Vinod Yaddula arrived in Lusaka on 15th April 2019, he discovered that the 1st Accused had stolen gold materials value at US$3, 500, the sum of K55, 000 and a United Bank of Africa signed cheques, and proceeded to report the matter to the Zambia Police Service.
Vinod Yaddula accordingly notified the United Bank of Africa (UBA) instructing the bank to dishonor any cheque that was drawn on the cheque book from 00030 to 000037 and 000011 to 000015, since the 1st Accused was trusted and had access to his house.
While in India on 23rd May 2019, Vinod Yaddula was informed by a security guard that he had received a demand notice from the 2nd Accused advocates demanding a payment of K2, 500, 000.00, a said demand which arose from cheque No. 000030, which had already been report as missing.
That accordingly, to him, the 2nd Accused, accessed the above mentioned cheque which was issued on 30th December 2018 and presented to Vinod Yaddula’s bank – United Bank of Africa (UBA) on 17th May 2019.
In the affidavit, Vinod Yaddula attested that he had not issued the K2, 500, 000.00 cheque, which was in the possession of the 2nd Accused.
Court documents indicate Kalikiri Poornakumar and Panyam Vikram Deva Reddy both of Lusaka as 1st and 2nd defendant s respectively, and by Press Time, effort was exerted to contact the first and second respondent to establish whether or not the Fresh Summons had been received.
Brief outline of the case
In a CRMP /109314 Court Summon dated Sunday 9th December 2019, in the Subordinate Court of Zambia of the First Class for the Lusaka District Holden at Lusaka (Criminal Jurisdiction) between Srisai Chaithrika Mining Limited as Complainant and Kalikiri Poornakumar and Panyam Vikram Deva Reddy both of Lusaka as 1st and 2nd defendant s respectively.
In Court Summons to the accused Kalikiri Poornakumar and Panyam Vikram Deva Reddy both of Lusaka as 1st and 2nd defendant s respectively, all were required to be present in court to answer a complaint of three counts of theft, receiving stolen property and forgery contrary to Sections 272, 318, 342, 344 (a), and 347 of the Penal Code Act (PCA), Chapter 87 of the Laws of Zambia.
In Count 1, the 1st Accused is accused of ‘Theft’ contrary to Sections 272 of the Penal Code Act of the Laws of Zambia, when you, KALIKIRI POORNAKUMAR, on dates unknown but between 30th March 2019 and 15th April 2019, in the Chibombo District of the Central Province Republic of Zambia stole the sum of K57, 650, gold minerals, and United Bank of Africa (UBA) Limited pre-signed cheques Nos 00030 to 000037 and 000011 to 000015, the property of from the said SRISAI CHAITHRIKA MINING LIMITED.
In Count 2, the 2nd Accused is alleged as RECEIVING STOLEN PROPERTY contrary to Sections 318 of the Penal Code of the Laws of Zambia, when you PANYAM VIKRAM DEVA REDDY, jointly and whilst acting together with KALIKIRI POORNAKUMAR on dates unknown but between 30th December 2018 and 17th May 2019, did receive a United Bank of Africa (UBA) Limited pre-signed cheque Nos 00030, from KALIKIRI POORNAKUMAR, the property of SRISAI CHAITHRIKA MINING LIMITED.
In Count 3, FORGERY, contrary to Sections 342, 344 (a), and 347 of the Penal Code Act, Chapter 87 of the Laws of Zambia, when you PANYAM VIKRAM DEVA REDDY, jointly and whilst acting together with KALIKIRI POORNAKUMAR on dates unknown but between 30th December 2018 and 17th May 2019, forged a United Bank of Africa Limited (UBA) pre-signed cheques Nos 00030, purporting to be a cheque, endorsed by SRISAI CHAITHRIKA MINING LIMITED.
The duo was commanded in the name of the President to appear in person before the Subordinate Court of the First Class of Lusaka on the 24th day of December 2019 at 08:30 hours.
Since the accused were not in court on Monday 24th December 2019, the Lusaka Subordinate Court has since asked VINOD YADDULA, through the plaintiffs’ lawyer to serve fresh documents on the defendants so that he does not make lack of such notification as a justifiable alibi (reason or explanation), not to appear on Tuesday 28th January 2020, set as a new date, to hear the matter at hand.