Information about foreign funding has been received in the violent labor movement in the city demanding salary hike. Police investigation has revealed that Rs 1 crore has been deposited from different countries in the account of Satyam Verma, who was arrested on charges of inciting violent agitation. Police had imposed NSA on Satyam Verma and Aakriti on Wednesday itself. Both are currently in jail.
The workers’ movement in Noida turned violent on 13 April. During this period, more than 300 companies were vandalized and more than two dozen vehicles were burnt. Police investigation revealed that members of some organizers had instigated the movement. In this, the name of labor bugle squad figured prominently. The role of Satyam Verma and Aakriti was found in provocative activities and violent incidents.
Hawala connection investigation also underway
During the investigation, some other shocking facts regarding Satyam Verma have also come to light. According to the media cell of Noida Commissionerate, an amount of more than Rs 1 crore has been received in the personal bank account of Satyam Verma in the form of dollar, pound and euro currencies from different countries. The funds were immediately transferred by Satyam Verma to his other personal bank accounts. Satyam Verma is associated with various organizations, in respect of which intensive investigation is being done. Police say that Satyam has invested the money received from abroad in the movement. At the same time, hawala connection is also being investigated. Rupesh and Aditya Anand arrested in this case are also being investigated.
Police found evidence
In connection with the instigating activities and violent incidents that took place during the recent violent demonstrations and protests by workers in Gautam Buddha Nagar Police Commissionerate area, cases have been registered in various police stations of the Commissionerate area. With regard to violent demonstrations, arson and spreading anarchy during the labor movement, two accused, Satyam Verma and Akriti, have been found to have played a significant role in these instigations and violent acts. As a result, action under the National Security Act has been initiated against both the accused on the grounds of disturbing public order.
It has been revealed that an amount of more than Rs 1 crore was deposited in the personal bank account of accused Satyam Verma, which was received in the form of dollars, pounds and euros from various foreign countries. Further, accused Satyam Verma transferred the received funds several times to his other personal bank accounts. Satyam Verma is associated with various organizations which are currently under intense investigation. According to the Media Cell of Gautam Buddha Nagar Police Commissioner’s Office, a thorough investigation, analysis and scrutiny of various transactions made through the bank accounts of accused Satyam Verma is currently underway.
Gautam Buddha Nagar In connection with the provocative activities and violent incidents that occurred during the recent violent demonstrations and protests by laborers within the Gautam Buddh Nagar Police Commissionerate, cases were registered at various police stations across…
— ANI (@ANI) May 14, 2026
Bail hearing postponed, delay due to non-availability of case diary
The bail petitions of Aakriti and Satyam Verma, accused in the labor violence case, were heard in the District and Sessions Court on Thursday. The next date of hearing on Aakriti’s bail plea has been fixed for May 18, while the decision on Satyam Verma’s application has been reserved. The hearing is being affected due to the police not presenting the case diary in the court on time.
Aakriti’s advocate Rajneesh Verma said that the police had sought additional time from the court. On this basis the court fixed the date of next hearing. At the same time, Satyam’s advocate Ali Zia Kabir said that the order is likely to come in a day or two. Police has filed an application in the court for custodial remand of 25 accused including Sonu and Vishal.