Tag: Chit Fund Scam

Seashore - SFIO investigation
SFIO interrogates Seashore chit fund scam accused in jail

Bhubaneswar: The Serious Fraud Investigation Office (SFIO) today grilled in Seashore chit fund scam accused in Jharpara Jail today. According to sources, a team of SFIO interrogated Seashore chief Prashant Das, his brother Pravat Das and middleman Subhankar Nayak. Also Read: SFIO to register fresh case against Artha Tatwa Recently, CBI special court in Bhubaneswar […]

  • Wednesday, 21 July 2021
SFIO interrogates AT chit fund scam accused in jail

Bhubaneswar: The Serious Fraud Investigation Office (SFIO) today grilled the accused in Artha Tatwa (AT) chit fund scam in Jharpara Jail today. According to sources, a 5-member team of the SFIO visited the Jharpara jail and is interrogating the accused. Also Read: ED attaches assets Rs 23 cr of Artha Tatwa group AT chief, Pradeep […]

  • Wednesday, 21 July 2021
Arun Singh
BJP targets Odisha govt; seeks answers on host of issues

Bhubaneswar: In-charge of Odisha BJP Arun Singh today targeted the Odisha government and sought reply on a host of issues which reflects the government’s callousness and incompetence. Ahead of the Panchayat Polls, Singh slammed the ruling BJD asking why the beneficiaries are deprived of the ration cards? Why farmers are not getting right price in […]

  • Wednesday, 21 July 2021
chit fund
Chit fund scam: CBI team begins probe in Aska

Aska: A three-member team of CBI officials today arrived in Aska in Ganjam district to probe into the chit fund scam. Reports said the officials of the central investigating agency led by SP, Rajiv Ranjan Singh and Additional SP, Rajiv Sinha, after their arrival in Aska town, went to Revenue Inspection bungalow where they verified […]

  • Wednesday, 21 July 2021
Saradha Chit fund
Court orders confiscation of properties of Saradha chit fund

Balasore: A specially designated court today ordered confiscation of properties worth Rs 4 crore of scam-tainted Saradha Chit Fund. The properties to be confiscated include a land to the tune of 13.64 acre. “The ad interim order of the Odisha government’s Finance department to attach 13.64 acre land belonging to the company has been made […]

  • Wednesday, 21 July 2021
Vig raid on gas agency of Dharmendra's brother creates political spat

Bhubaneswar: Political bickering today gained momentum after the vigilance conducted a raid at a gas agency owned by the brother of Union Minister and Senior BJP leader Dharmendra Pradhan at Handidhua in Talcher. BJP general Secretary Prithviraj Harichandan demanded the vigilance should not take a wrong step while coming under any pressure. Harichandan alleged, “As […]

  • Wednesday, 21 July 2021
CBI SP, Odisha DGP meeting sparks guessing game

Bhubaneswar: A day after raids were conducted by the Central Bureau of Investigation (CBI) at 36 places across Odisha in connection with the chit-fund scam case, a meeting in between the central probe agency’s SP Rajeev Ranjan and Director General of Police (DGP) KB Singh at the camp office here has left many tongues wagging […]

  • Wednesday, 21 July 2021
Seashore scam: MP Jena likely to appear before CBI today

Bhubaneswar: Balasore MP Rabindra Jena is likely to appear before Central Bureau of Investigation (CBI) today for his alleged links with multi-crore chit fund scam. The CBI had served notice to the BJD MP from Balasore on January 9 asking him to appear before it today. Earlier, Jena had also appeared before the central probe […]

  • Wednesday, 21 July 2021
TMC to stage demo against arrest of party MPs today

Bhubaneswar: The Trinamool Congress (TMC) will stage a demonstration here today to protest demonetisation and arrest of party MPs Sudip Bandyopadhyay and Babul Supriyo in the Rose Valley chit fund scam. The party workers would stage demonstration followed by a protest meeting at Lower PMG here from 11 AM to 3 PM. TMC general secretary […]

  • Wednesday, 21 July 2021
Sudip remand TMC protest
Chit fund scam: TMC targets Centre as CBI takes Sudip on further remand

Bhubaneswar: Arrested All India Trinamool Congress (TMC) MP Sudip Bandyopadhyay was taken on a 4-day remand by the CBI for the second time in connection with the Rose Valley Chit Fund scam while the party continued its attack on the Centre accusing it of political vendetta. The Central investigating agency produced Sudip in the CBI […]

  • Wednesday, 21 July 2021
Seashore scam: CBI serves notice to Balasore MP

Bhubaneswar: As part of its probe into multi-crore Seashore chit fund scam, Central Bureau of Investigation (CBI) on Monday served notice to Balasore MP Rabindra Jena asking him to appear before it on January 12. Earlier, Jena had also appeared before the central probe agency for his alleged nexus with the tainted ponzi firm. This […]

  • Wednesday, 21 July 2021
Opposition-BJD spar over TMC, Rose Valley chit fund links

Bhubaneswar: Opposition BJP and Congress continued their attack on the ruling-BJD in Odisha over links with Rose Valley chit fund scam and Trinamool Congress (TMC). Alleging that BJD and TMC have struck an undeclared alliance, Odisha BJP vice president Sameer Mohanty today told media persons that the ruling-party in Odisha has agreed to provide its […]

  • Wednesday, 21 July 2021
Rose Valley chit fund scam: TMC MP’s daughter appears before CBI

Bhubaneswar: Arrested Trinamool Congress MP Tapas Pal’s daughter Sohini Pal appeared before the CBI in Bhubaneswar today in connection with the Rose Valley chit fund scam. As per the CBI notice, Sohini arrived in Bhubaneswar today to appear before the agency. Tapas allegedly gave senior posts to his wife, daughter and nephew in Rose Valley […]

  • Tuesday, 20 July 2021
Tapas Pal
Arrested Tapas hints at Babul Supriyo links to Rose Valley scam

Bhubaneswar: Arrested Trinamool Congress (TMC) MP Tapas Paul today created ripples in the country’s political circle by alleging Union Minister Babul Supriyo is involved in the Rose Valley chit fund scam and has tricked him into the case. Replying to queries fielded by newsmen, Paul, while being taken on a three-day CBI remand starting today, […]

  • Tuesday, 20 July 2021
Special court makes first conviction in Odisha chit fund scam

Cuttack: The special chit fund court set up to conduct hearing on the multi-crore ponzi scam in Odisha, made its first conviction today. The court convicted chit fund company Shirdi Sai Real Estate’s MD, Prakash Panda. Panda has been sentenced to a jail term of 5 years along with a fine of Rs 3 lakh. […]

  • Tuesday, 20 July 2021