Chit fund: AT Group CMD produced in court
Bhubaneswar: The chairman-cum-managing director of the controversial financial company, Artha Tatwa Group (AT Group), Pradip Sethy, who was arrested on Sunday, has been produced before a local court here on Monday.
Talking to media persons, Sethy said on the court premises that many politicians are involved in the Artha Tatwa case.
Senior officials of commissionerate police interrogated him at an undisclosed place soon after arresting him on Sunday, sources said.
Preliminary interrogation revealed that he had duped investors to the tune of Rs 130 crores. The police had launched an operation to nab Sethy after complaints were piled up against the company. A retired DIG of police who invested Rs 18 lakh in AT Group, had lodged a complaint at Kharavela Nagar Police Station on February 6 acting on which police registered a FIR against Sethy and he was finally nabbed.