Police investigation reveals theft of 1,008 engines from Kia India, valued at $2.3 million, impacting industrial operations and stakeholder trust.
Former Kia India workers, including a team leader and head of section, were involved in transporting engines using forged documents and manipulated gate passes.
Two scrap dealers assisted in selling the stolen engines to buyers as far as New Delhi, involving illegal transactions with manipulated truck registrations.
The accused employees, yet to be formally charged, could face over 10 years imprisonment if convicted for the high-level preplanned theft, which is a rare corporate-level case in India.