CBI files first chargesheet in Odisha ponzi scam

Bhubaneswar: The CBI filed its first chargesheet in the multi-crore chit fund scam case in the special CBI court here today.

Pradeep Kumar Singh, MD of Green India Infra Projects Ltd, and two directors of the company – Sunil Kumar Panda and Jitendra Mishra, have been named in the chargesheet, highly placed sources said. The dodgy firm has been accused of cheating thousands of investors to the tune of Rs 30 crore.

The Central investigating agency has described this as a preliminary chargesheet since it is likely to file a supplementary chargesheet on the case later. The CBI move comes almost four months after the agency arrested Singh and Panda.

In August, the agency sleuths had seized Rs 10 lakh and 14 cars from Singh. The cost of Singh’s house in Berhampur, CBI sources said, would be around Rs 10 crore.

In Odisha, the CBI has so far brought Nava Diganta, Rely Foundation Private Limited, Midas Touch, Green India Infra Projects, Arthtatwa (AT) group and Seashore group under its ambit of investigation.

While 13 people, including biggies like Banki MLA Pravat Tripathy, former Advocate-General Ashok Mohanty, Mumbai-based model Preeti Bhatia, have been arrested in AT group fraud, six have been held in Nava Diganta and three in Green India scams so far.

On May 9, the Supreme Court had ordered a CBI probe into the chit fund scam in Odisha.