Bhubaneswar: The CBI today filed charge sheets against two chit fund companies in the Special CJM court here.
The central investigating agency filed the charge sheet against Ramendu Chattopadhyay, managing director of Tower Infotech Ltd and Ashis Chatterjee, director of Tower Group companies and Tower Infotech Ltd under section 120 B, 420 and 409 of IPC and section 4 and 6 of Prize Chits and Money Circulation (Banning) Act, 1978 on allegations of cheating the investors and causing criminal breach of trust. The two accused are presently in judicial custody.
The CBI also filed charge sheet against three directors of Asha Agro Equipment Industries India Ltd— Ranjit Santra, Tarun Kumar Barui and Parimal Biswas— under section 120 B, 420 and 409 of IPC and Section 4 and 6 of Prize Chits & Money Circulation (Banning) Act, 1978 on the allegations of cheating the investors and causing criminal breach of trust. The three accused are also in judicial custody.