Tag: Seashore

Bhubaneswar: The Central Bureau of Investigation (CBI) officials on Friday interrogated two BJD functionaries, including a ‘close associate’ of senior BJD leader and School and Mass Education minister Debi Prasad Mishra, for their alleged involvement in the multi thousand crore chit fund scam. Sources said Dillip Mishra, the man who looks after the minister’s political […]

A day after money transfer from the bank account of Seashore to the account of Bhagaban Majhi, father of former MP and Congress leader Pradeep Majhi, came to the fore, a letter issued by Seashore Agricultural Promotion Company appointing Prasanna Majhi, younger brother of Pradeep, as its commission agent has created more ripples in political circles in the State

Bhagaban Majhi, former Rajya Sabha member and father of Congress leader and former Nabarangpur MP Pradeep Majhi, has joined the long list of politicians under the scanner for their links with chit fund companies with fresh revelations pointing to suspicious transfer of about Rs 1 crore to his bank account, including an amount of Rs 35 lakh transferred by a subsidiary of tainted chit fund firm Seashore, in 2010 and 2011

Bhubaneswar: As part of its probe into the multi-crore chit fund scam in the state, the Central Bureau of Investigation (CBI) will interrogate Seashore Group CMD Prashant Kumar Dash and his brother Prabhat Dash in Jharpada jail here for the second consecutive day on Sunday. The Central investigation agency had grilled the duo at the […]

Bhubaneswar: Officials of Central Bureau of Investigation (CBI) on Saturday interrogated Seashore Group CMD Prashant Kumar Dash and his brother Prabhat Dash in Jharpada jail, in connection with the Group’s multi crore chit fund scam. Jail authorities said the investigating agency will also interrogate Subhankar Nayak, an alleged conduit between the Ponzi firm and political […]

With the CBI indicating that it is going to file the final charge sheet in the Seashore case in the next 3-4 days, several political leaders - many of them belonging to the ruling party - and their associates are spending sleepless nights wondering if their names would figure in it

Intensifying its probe into the multi-crore chit-fund scam, the Central Bureau of Investigation (CBI) on Thursday raided the residences of Seashore CMD Prashant Das at Laxmisagar in Bhubaneswar and Angul

The Odisha High Court on Thursday rejected the bail plea of Subhankar Nayak, who has been arrested for his involvement in the Seashore chit fund scam

Bhubaneswar: A week after the Central Bureau of Investigation (CBI) interrogated IPS officers- RP Koche and Sanjib Panda in connection with their alleged involvement in Seashore Group of Companies, its CMD Prashant Dash on Thursday said the company had no business links with any bureaucrats. Responding to media queries after a routine deposition before a […]

A day after IG Central Range RP Koche was quizzed by the Central Bureau of Investigation (CBI)about his alleged links with chit fund company Seashore, another senior IPS officer Sanjeeb Panda was questioned by a team of the Central investigating agency in connection with the same case on Thursday

Intensifying its probe into the multi-crore chit-fund scam in Odisha, the Central Bureau of Investigation (CBI) on Wednesday quizzed IG, Central range RP Koche about his alleged connections with the Seashore Group of Companies

New Delhi/Bhubaneswar: The Supreme Court today rejected the bail petition of Seashore CMD Prashant Das’ brother Prabhat while directing the Central Bureau of Investigation (CBI) to complete the probe related to Prabhat by the end of May. Prabhat was the director of Seashore Securities Ltd, one of the sister concerns of Seashore Group of Companies, […]

The Special CJM (CBI) Court granted the Central Bureau of Investigation (CBI) a seven-day remand of Pravat Dash, brother of Seashore group CMD Prasant Dash, who was arrested today by the Central agency

Tightening its noose around Seashore group in the multi-crore chit fund scam, the Enforcement Directorate (ED) today attached the company’s properties worth Rs 84 crore

Retired IAS officer PK Hota and his son Debashis were interrogated by the Central Bureau of Investigation (CBI) sleuths on Saturday in connection with their alleged complicity in multi-crore Seashore chit fund scam