Tag: Rose Valley Chit Fund

Banki: Duped investors of Rose Valley chit fund have alleged irregularities in the refund process which was initiated by the State government for small depositors with deposits less than Rs 10,000. Some depositors in Banki block under Dampada Tehsil of Cuttack district alleged that they were refunded way less money than what they had deposited. […]

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 […]

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 […]

Bhubaneswar: Announcing its plan to continue with agitations till the ouster of Narendra Modi from the helm, the Trinamool Congress today said it foresaw Mamata Banerjee as a future prime minister. “This could happen one day. After all, we are a political party which is growing by the day. People may decide that (making Mamata […]

Bhubaneswar: Alleging political vendetta behind the arrest of TMC leaders, Trinamool Congress MP Sudip Bandopadhya’s wife Nayna today said her husband was in the “custody of Modi” and not in the “CBI’s custody.” Nayna, who has been camping here ever since her husband had been brought to the CBI custody for his alleged link to […]

Kolkata: With two of its MPs, Tapas Pal and Sudip Bandopadhyay, arrested by the CBI here in connection with the Rose Valley chit fund scam, shifted to Bhubaneswar, the Trinamool Congress has decided to hold a protest rally in the Odisha capital tomorrow. “We cannot be cowed down by threats and vendetta politics. The Centre […]

Bhubaneswar: A day after the Central Bureau of Investigation (CBI) arrested renowned film producer Shrikant Mohta from Kolkata in connection with the multi-crore Rose Valley chit fund scam, Bhubaneswar CJM court today sent him to judicial custody for 14 days. Mohta was arrested after CBI got credible information regarding his links and monetary transactions with […]

Balasore: While the process of identifying duped small depositors of various chit funds is underway, resentment is brewing among the large depositors who are staring at uncertainty over receiving refund. Many investors of Barapada village under Remuna block of the district had deposited their money in Rose Valley chit fund. Though investors were hopeful that […]

Balasore: The State government has initiated process to refund the small depositors duped in the high-profile chit fund scam in Odisha. The government has decided to return the money to the small depositors in Balasore district by the end of February. The depositors have been asked to submit their indemnity bond or details of bank […]