Bhubaneswar: Bhagaban Majhi, former Rajya Sabha member and father of Congress leader and former Nabarangpur MP Pradeep Majhi, has joined the long list of politicians under the scanner for their links with chit fund companies with fresh revelations pointing to suspicious transfer of about Rs 1 crore to his bank account, including an amount of Rs 35 lakh transferred by a subsidiary of tainted chit fund firm Seashore, in 2010 and 2011.
Documents in possession of OTV show the transfer of Rs 35 lakh from the SBI account of Seashore Agricultural Promotion Company Pvt Ltd, a subsidiary of the Seashore Group, in the Sahid Nagar branch here (A/c no – 30756217273) to the SBI account (No. 11258582947) of Bhagaban Majhi, a resident of Taliamba, Jharigaon in Nabarangpur district in January, 2011.
Besides, the bank statement of Majhi shows transfer of huge sums of money into his account by a person named Satya in 2010.
Together, the suspicious transfers add up to more than Rs 1 crore. The bank details show the bulk of the transferred money was withdrawn within a short period of time, raising further suspicion about the transactions.
Majhi has strongly refuted the allegation of chit fund links saying the money in question was payment for maize sold to Seashore Agricultural Promotion Company Pvt Ltd.
“I am a farmer. I had cultivated maize on 40 acres of land and sold the produce to the company. I got the money after final calculation. It has nothing to do with the chit fund business.”
Despite Majhi’s denial, however, some questions remain unanswered. Even assuming that he is telling the truth about the Rs 35 lakh transfer from Seashore, what about the other transfers by the person named Satya in 2010? Besides, why did the transfer of such huge amounts never come under the scanner of the CBI and the Enforcement Directorate (ED) during the course of their investigation into the chit fund scam?