Chit fund scam: Banki MLA, 25 others produced before court

Bhubaneswar: Banki MLA from BJD Prabhat Tripathy was produced before Special CJM (CBI) Court on Thursday as his remand period ended today.

Tripathy along with two businessmen were brought into the court here.

Besides, 23 others including AT Group chief Pradeep Sethi and model Preeti Bhatia were produced before the court today. Later they were sent back into Jharpada jail here.

Meanwhile, the Khurda District and Sessions Court rejected the bail plea of the Mumbai-based model Bhatia, who was arrested by CBI for her alleged complicity in chit fund scam.

Sources as many as 32 persons, who are lodged in jail for alleged involvement in the mega chit fund scam, will be produced before the court today.

In a related development, Bhadrak Town police arrested ponzi firm Milan Jyoti Corporation’s MD Sandhyarani Panda and two directors – Dasarathi Mishra and Biswanatha Padhi – on charges of duping investors of more than Rs 10 crore.