Bhubaneswar: The commission headed by Justice Madan Mohan Das to probe multi-crore Artha Tatwa (AT) Group chit fund scam in Odisha has identified total 3,965 small investors in the third phase.
Earlier, the Commission had directed AT Group chief Pradeep Sethy to provide detailed information about the small investors (below Rs 10,000 deposits) in the ponzi company. The notice was issued to Sethy, who is lodged in Jharpada special jail in Bhubaneswar, on January 12 this year through jail superintendent.
Sethy was asked to produce his stand during hearing on February 15. However, no representative on behalf of Sethy appeared before the Commission during hearing of the probe.
Finally, the Commission identified the small investors on basis of the affidavits filed to get back their deposits.
The detailed information about the investors will be mentioned in next report that is about to be submitted to the government, the commission directed.
Notably, over 280 chit fund firms in Odisha have been issued notice by the commission asking them to furnish the details about the investors after verifying 1,14,384 affidavits filed between Sept 2, 2013 and Sept 12, 2013 in third phase.