Home ODISHA LATEST Chit fund scam: CBI raids multiple locations in Odisha

Chit fund scam: CBI raids multiple locations in Odisha

2

Odisha Sun Times Bureau
Bhubaneswar, July 31:

The CBI today is conducting raids at multiple locations in Odisha in connection with the multi-crore chit fund scam, sources said.

Sources also revealed the central agency is raiding several locations in Bhubaneswar itself.

The Supreme Court had on May 9 ordered for a CBI probe into the multi-crore chit fund scam in Odisha in which lakhs of depositors lost their hard earned money.

The court had pronounced its order in the PIL case filed by Alok Jena in the matter. The apex court had said the CBI will be probing the multi-crore chit fund scams in both Odisha and West Bengal. The court further said the CBI will be probing the larger conspiracy angle in the multi-crore scam while listing 44 chit fund companies in Odisha to be probed by the CBI.

The court had hoped that the CBI will be impartial in its probe and will also trace the money trail in the multi-crore scam which the state police has failed to do.

The CBI on June 14 had urged the Odisha government to provide necessary logistics support to expedite the probe into the multi-crore chit-fund scam in the state.

2 COMMENTS

  1. This the is beginning stage of CBI action, we know that these chit fund companies in Odisha have grabbed millions of rupees from poor and innocent people. Apart from this, the CBI should investigate the purchase of and the quantity of Gold by Artha Tatwa Shares & Stocks Private Limited from National Spot exchange (Electronic Spot Market Member ship No. 13690). If the total amount of gold purchased is exceeding the total amount of fraud then we can assume that black money earned by different politicians and bureaucrats was invested in Artha Tatwa Group of Companies.

    The name and other details of Artha Tatwa Shares & Stocks Private Limited:-

    1. PRADEEP KUAMR SETHY,
    S/O SRI RAMA CHANDRA SETHY,
    FLAT No. D2, 4TH FLOOR, BISHNUPRIYA APPARTMENT,
    JAIDEV VIHAR, BHUBANESWAR- 751012.

    2.Mr. JYOTI PRAKASH JAYAPRAKASH,
    S/O Mr. JAYAPRAKASH INDUPRAKASH,
    FLAT No. D2, 4TH FLOOR, BISHNUPRIYA APPARTMENT,
    JAIDEV VIHAR, BHUBANESWAR- 751012.
    ( The aforesaid person is absconding and Odisha Police has not registered any case against this person knowingly).

    3.Mr. DEEPAK CHANDRATAN PAREEK,
    S/O CHANDRATAN MURLIDHAR TIWARI,
    J-A/20, NEW MHB COLONY, GORDI ROAD, BORIVALI (W),
    MUMBAI-400091.

    WITH REGARDS
    JAYANTA KUMAR DAS (RTI ACTIVIST), 9861770749(M)

LEAVE A REPLY

Please enter your comment!
Please enter your name here