Friday, July 29, 2011

Speak Asia's COO Tarak Bajpai arrested

The Mumbai police has arrested the chief operating officer of an online survey company for alleged financial irregularities, police said on Friday.

Tarak Bajpai, the chief operating officer (COO) ofSpeak Asia, was arrested late last night in connection with a forgery case from the Vijay Nagar police station area, City Superintendent of Police Amarinder Singh said.

Singh, who refused to give further details, said that Bajpai was being taken to Mumbai for detailed interrogation.

The Singapore-based company Speak Asia, which is yet to be incorporated as a company in India, charges a membership fee of Rs 11,000 for a year. The members are expected to conduct online surveys for clients of the firm. Members are paid for conducting the surveys.

Following a controversy in May this year over the company's operations, an investors protection group filed a public interest litigation (PIL) in the Bombay High Court.

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