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Tag: Justice Mm Das Commission

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Odisha govt extends tenure of chit fund inquiry commission

Bhubaneswar: The Odisha government has extended the tenure of the Justice MM Das Commission inquiring into the chit fund scam for six months, said an official on Friday. The tenure of the Commission was scheduled to end on August 4, a notification of the Home Department said. “State Government extends the tenure of the Commission […]

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Chit fund scam: Public notice served to 576 firms

Bhubaneswar: As many as 576 companies were issued public notice by the Justice MM Das Commission of Inquiry through newspapers for failing to depose before it in connection with the multi-crore chit fund scam. As per reports, the Commission has issued notices in two phases asking the companies to appear before it between April 15 […]

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Odisha extends chit fund inquiry commission's tenure

Bhubaneswar: The Odisha government today extended the tenure of the Justice MM Das Commission of Inquiry, which is probing into the multi-crore chit fund scam in Odisha and has been entrusted with the responsibility of identifying duped investors who will be refunded by the State government. The State government extended by the tenure of the […]

Chit-fund
Chit fund scam: Money refunded to small investors in Balasore

Bhubaneswar: The State government has started refunding money to small depositors duped in the multi-crore chit fund scam in Odisha. According to sources, as many as 350 investors were refunded around Rs 21 lakh today. A total of 1,096 out of 2,306 small depositors in Balasore district have been identified for refund and will be […]

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Odisha begins process to refund chit fund-hit depositors

Bhubaneswar: Odisha government has begun the process of refund to small depositors duped in the multi-crore chit-fund scam in state. The State government had set up a Rs 300-crore corpus fund in 2013 to refund affected-depositors. The Justice MM Das Commission has submitted four interim reports to the State goverment in which it has identified […]

Odisha-Assembly1
Around half of inquiry panel reports not tabled in Odisha Assembly

Bhubaneswar: The State government has not presented the probe reports of various sensitive issues starting from the Gumudumaha police firing to SUM Hospital fire mishap, revealed a written reply of Chief Minister Naveen Patnaik to a query of BJP MLA Dilip Ray in the Odisha Assembly today. The State government has constituted 12 Commissions of […]

chit-fund-scam
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 […]

Chit fund scam: Commission submits third interim report, recommends refund of money

Bhubaneswar: The Justice MM Das Commission, probing the multi-crore chit fund scam in the state, has today submitted its third interim report to the government. In its report, the Commission has stated that a total of 41519 small depositors have been identified after a thorough probe into the complaints filed against 176 companies. Meanwhile, the […]

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