Bhubaneswar: The CBI today conducted raids on the offices of chit fund company Royal International simultaneously at eight places in Odisha and West Bengal.
The agency sleuths also raided the house of Sudhir Behera, a former director of the company, at Choudwar in Cuttack district. Behera was managing the company’s all financial transactions in Odisha. The CBI officials have seized some incriminating documents from his house, said sources.
In pursuance of the Supreme Court order, the Central investigating agency had registered a case against the company last year in connection with the multi-crore chit fund scam in the two States.