Tag: Seashore Group

Bhubaneswar: The Supreme Court on Monday dismissed a plea challenging bail granted by Orissa High Court to chit fund scam accused and Seashore Group CMD, Prashant Das’s wife Jyotirani Sarangi. The Orissa High Court on November 10, 2016 had released Sarangi on conditional bail. She was asked to furnish a bail bond of Rs.50,000 with […]

Bhubaneswar: The Central Bureau of Investigation (CBI) has slapped criminal conspiracy charges against Laxmibilasini Biswal and Pratima Hota, wives of BJD MLA Prabhat Biswal and retired OAS officer Pradeep Hota, respectively, in its supplementary charge-sheet filed in the connection with the multi-crore Seashore chit fund scam. In the charge-sheet, the investigating agency has indicted Prabhat […]

Bhubaneswar: Dhenkanal police will again take the Seashore Group CMD Prashant Das on a two-day remand starting today, after his five-day remand ended. According to sources, police will interrogate Das for more information on his involvement in the multi-crore chit fund scam. Earlier, the Seashore chief was released from the Jharpara circle jail after getting […]

Bhubaneswar: Seashore Group CMD Prashant Das, who was arrested in connection with the multi-crore chit fund scam in the state, was released from the Jharpara circle jail after getting bail in eight cases. Sources said Das, the main accused in the Seashore chit fund scam, was granted bail in cases registered against him by the […]

Cuttack: A PIL was filed in the Orissa High Court on Wednesday raising doubts on the health condition of arrested BJD MLA Pravat Biswal who is undergoing treatment at SCB Medical College and Hospital in Cuttack. It has been alleged that Biswal is faking illness to avoid jail custody, after being arrested by CBI on […]

Bhubaneswar: BJD’s Choudwar-Cuttack MLA Prabhat Biswal, who was arrested by CBI in connection with the Seashore chit fund scam, was admitted to Capital Hospital on Friday night after preliminary medical examination by Jharpara jail doctor. Though Biswal was on a 4-day CBI remand which was to end today, he was produced before the CBI court […]

Bhubaneswar: BJD’s Choudwar-Cuttack MLA Prabhat Biswal, who was arrested by CBI in connection with the Seashore chit fund scam was sent to Jharpara jail today. Though the CBI court on Tuesday had sent Biswal on a 4-day remand for further interrogation in connection with the Seashore chit fund scam, he was produced before the court […]

Bhubaneswar: The Central Bureau of Investigation (CBI) on Wednesday grilled BJD MLA Pravat Biswal, arrested on Tuesday in connection with his alleged links with chit fund firm Seashore Group, amidst protests by the ruling party activists in front of the probing agency’s state headquarters here. In order to prevent law and order situation, the twin […]

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 […]

Bhubaneswar: The Special Vigilance Court has directed the Serious Fraud Investigation Office (SFIO), a specialised wing under Union Ministry of Corporate Affairs to interrogate Ponzi firm Seashore Group’s chief and its other directors in connection with irregularities committed by the Group’s companies in violation of the company law. Seashore Group chief Prasanta Das, his brother […]

Bhubaneswar: Protesting simultaneous raids on the house of Balasore MP Rabindra Jena, Cuttack-Choudwar MLA Pravat Biswal and Saroj Sahu, a former personal assistant of chief minister Naveen Patnaik, activists of student and youth wings of BJD staged protest demonstration in front of the CBI office here today. Reports said the activists of Biju Chhatra Janata […]

Bhubaneswar: A day after more-than-one-hour long questioning at the Central Bureau of Investigation (CBI) office here, Suryakhetra Foundation chief Bipin Bihari Mishra was quizzed again for two hours by the central probe agency officials on Saturday regarding Seashore Group’s links with bureaucrats and politicians. Mishra, the former president of Mumbai-based Pravasi Odia Organisation, told newsmen […]

Koraput: Demanding a CBI probe into the links of senior Congress leader and former Nabarangpur MP Pradip Majhi and his family with the Seashore Group, a chit fund company and their arrest, the ruling BJD today staged demonstrations in several areas in the undivided Koraput district. While Commerce and Transport minister and Jharigan MLA Ramesh […]

Rourkela: The court of sub-divisional judicial magistrate (SDJM) here today granted interim bail to Jyotirani Sarangi, wife of the Seashore Group CMD Prashant Dash, who was arrested in a fraud case on June 7. The commissionerate police had arrested her in a fraud case in Laxmisagar area in Bhubaneswar on the basis of a non-bailable […]

Bhubaneswar: The commissionerate police arrested Jyotirani Sarangi, the wife of Seashore Group chairman Prashant Dash, in a fraud case in Laxmisagar area here on Tuesday. Jyotirani was booked by the cops for allegedly defrauding people of Rs 90 lakh in Rourkela. The court of sub-divisional judicial magistrate (SDJM), Rourkela, had issued a non -bailable warrant […]