Tag: Seashore Chit Fund Scam

Property Confiscation
Seashore Chit Fund Scam: OPID Court Directs Confiscation Of Property Worth Rs 650 Cr

Cuttack: Cracking whip on chit fund scamsters, the special Odisha Protection of Interests of Depositors (OPID) court in Cuttack on Friday directed to confiscate all movable and immovable properties belonging to the Seashore group. The court has ordered for confiscation of around 197 acres of land, 1.385Kgs of gold, 2 Quintals of silver and a […]

Seashore Chit Fund Scam In Odisha: CBI Re-opens Probe, IAS & IPS Officers Under Scanner

Bhubaneswar: The Central Bureau of Investigation (CBI) has re-opened the probe into the Seashore chit fund scam and interrogated one of the main accused, Subhankar Nayak. The probe agency on Friday grilled Nayak to ascertain the role of two IAS officers and one IPS officer in the scam, said sources. Nayak was earlier arrested and […]

CBI to again issue summons to BJD MLAs Arun Sahoo, Atanu Sabyasachi

Bhubaneswar: The Central Bureau of Investigation (CBI) will once again issue summons to BJD MLAs Arun Sahoo and Atanu Nayak in connection with Seashore chit fund scam. A senior official of the CBI informed that as the duo failed to appear before the investigation agency after the first notice, they will be served notice for […]

Grilled in chit fund scam, BB Mishra among dignitaries at Tall Man launch

Bhubaneswar: The presence of Bipin Bihari Mishra, who was earlier grilled by CBI in Seashore chit fund scam, at the book presentation ceremony of Tall Man Biju Patnaik in Mumbai on Saturday has now raised a few eyebrows in Odisha. Mishra, chief of Suryakhethra Foundation was spotted sitting besides several BJD leaders including Health Minister […]

Chit fund scam: CBI court rejects MLA Pravat Biswal's bail plea

Bhubaneswar: Dealing a blow to BJD MLA Pravat Biswal, a special CBI judge court today rejected his bail petition in connection with his links in the Seashore chit fund scam case. After duly considering the CBI’s charge-sheet against Biswal and hearing both parties, the court rejected the bail petition of the legislator, informed sources. Biswal […]

CBI files second chargesheet in Seashore chit fund scam

Bhubaneswar: The Central Bureau of Investigation (CBI) has filed second charge-sheet in the multi-crore Seashore chit fund scam against five persons including BJD MLA Prabhat Biswal and his wife Laxmibilasini. In the 100-page document, the investigating agency has indicted Prabhat Biswal of availing financial benefits from Seashore Group by allowing the company to operate its […]

Arrested BJD MLA’s unduly longer stay at hospital draws BJP ire

Cuttack: BJP youth wing activists on Thursday staged a road blockade protesting arrested BJD MLA Pravat Biswal’s unduly longer stay at SCB Medical College and Hospital in the name of treatment. The activists of youth brigade of the saffron party staged a demonstration and blocked the National Highway near Madhupatna square demanding immediate shifting of […]

MLA Prabhat Biswal moves HC seeking bail

Cuttack: BJD MLA Prabhat Biswal, who is currently lodged at the Jharpara jail in connection with the Seashore chit fund scam, moved the Orissa High Court (HC) today seeking bail. According to sources, the MLA has filed for bail on health grounds. Earlier, the Bhubaneswar Special CJM CBI court had rejected his bail petition. Prabhat […]

Ponzi scam: HC rejects Bail pleas of Tapas Paul, Pravat Das

Bhubaneswar: The Odisha High Court today rejected bail applications of Trinamool Congress (TMC) MP Tapas Paul and Seashore group co-director Pravat Das, in connection with the Rose Valley and Seashore chit fund scams, respectively. Paul had moved the High Court seeking bail on health grounds. Earlier on January 7, the Special CJM CBI court in […]

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 […]

MP Rabindra Jena grilled for 7 hours

Bhubaneswar: The Central Bureau of Investigation (CBI) on Saturday grilled Balasore MP Rabindra Jena for around seven hours in connection with the multi-crore Seashore chit fund scam. Talking to media after the marathon interrogation, Jena said, “I have provided all information sought by CBI.” “The investigating agency asked me about the financial transactions with the […]

Seashore chit fund scam: MP Jena appears before CBI

Bhubaneswar: BJD MP from Balasore Rabindra Jena appeared before the Central Bureau of Investigation (CBI) today in connection with the Seashore chit fund scam. Jena appeared before the central investigating agency for the second time today. He was interrogated by the CBI in January last year over his alleged link with the Seashore Group, which […]

Don’t know why CBI grilled my PA: Debi Mishra

A day after the marathon interrogation of his political aide Dilip Mishra and BJD leader Prafulla Singh by the CBI in connection with the Seashore chit fund scam, School and Mass Education minister Debi Prasad Mishra today said he has no idea why the central investigating agency had called he duo for interrogation