AT chit fund scam: Five get conditional bail from HC

Bhubaneswar: Five accused arrested in connection with the Artha Tatwa (AT) Group chit fund scam were granted conditional bail from the High Court today.

The five were Manoj Das, owner of a TV channel, Bikash Swain, proprietor of an Odia daily newspaper, builder Vineet Lalani and AT Group directors Sambit Khuntia and Manoj Patnaik. The four had been in jail for more than two years after being arrested in the AT chit fund scam case.

Meanwhile, the lawyers of the four accused said the CBI has made good progress in its investigation in these two years. Hence, there is no need to keeping the four in jail anymore.