Chit fund scam: Panel submits fourth interim report

Bhubaneswar: The Justice MM Das Commission of Inquiry set up to probe the multi-crore chit fund scam in Odisha submitted its fourth interim report to the government today.

In its report, the Commission reportedly stated that a total of 55,563 small depositors have been identified after examining 1,38,388 affidavits from investors of as many as 342 companies.

Out of the total 55,563 small depositors, the panel has identified 10,037 depositors of chit fund firm Flourish India, 6,497 of Seashore, 3,798 of Saradha and 2,310 of Artha Tatwa.

Earlier in July last year, the commission had submitted its third interim report in which it had identified 41,519 small investors out of more than nine lakh affidavits filed by depositors.

The Commission had then asked the companies to refund money to the identified small investors.

Meanwhile, another three to four more reports would be required to complete examination of all the affidavits, sources said.