Bicholim police have arrested Saquib Shaikh, a resident of Valpoi and logistics officer at a Harvalem-based company warehouse, for allegedly misappropriating 21,000 kg of used cooking oil (UCO) valued at ₹21.63 lakh.
According to the complaint, Shaikh is accused of fraudulently dispatching the UCO from the Goa warehouse to Mumbai, mixing large quantities of water to artificially inflate the stock and conceal the theft.
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The arrest comes as part of an ongoing investigation into the warehouse fraud, with authorities examining the logistics and financial records to determine the full extent of the misappropriation. The case highlights the growing need for stringent checks in the handling and transport of high-value commodities.
