Calcutta, July 25 :     Controversial businessman Ganesh Singhania, who was arrested on Friday, was produced in the court of the sub-divisional judicial magistrate of Barrackpore this afternoon and remanded in jail custody till August 7. Police arrested Singhania, owner of the closed Beni Engineering Works in North 24-Parganas, on charges of cheating, breach of trust and other related cases. Even as the Singhania case goes on, a three-member inquiry committee, set up by the state CPM leadership to pinpoint party leaders involved in the Beni Engineering bribery case, is convinced many of them had curried favour with the businessman. The inquiry committee of Chittabrata Majumder, Dipen Ghosh and Kali Ghosh was set up after Lakshmi Chatterjee, a CPM leader of North 24-Parganas, was caught accepting Rs 1 lakh from a representative of Singhania. Singhania, after acquiring Beni, now at the centre of a bitter party feud in North 24-Parganas-through a court order, had reportedly removed several costly machines from the BT Road factory. The Citu at Beni did not resist Singhania?s move. Some factory employees moved Calcutta High Court with complaints that Singhania had removed some costly machines from the company. Justice Sujit Kumar Sinha of Calcutta High Court passed an order on April 16, 1998, to inspect the factory. The inspection was carried out on April 21, 1998, in the presence of representatives of all trade unions and Singhania. The inspection report filed in the high court revealed that except two machines, horizontal milling and polish bob (both rejected), other machinery as per the sale list was not found. It is also observed that books and records, lying in the factory?s head office, were shifted without informing the official liquidator. The report also said that water and high tension electrical connections and wiring were also removed, the report said. The inspection report substantiated the employees? apprehension that Singhania had removed all costly machines and equipment. Singhania told The Telegraph Citu and other trade unions had consented to the removal. ?The trade unions had signed an agreement on August 11, 1996, allowing me to remove machines and equipment in the interest of reopening the factory,? he said. The North 24-Parganas CPM district secretariat member, Amitava Nandy, and the arrested Citu leader Lakshmi Chatterjee were among other unionists who had signed the agreement. CPM leaders and the inquiry panel seem to have no idea why the Citu leaders signed the agreement.