Home ODISHA LATEST Odisha chit fund case : SC to deliver final verdict tomorrow

Odisha chit fund case : SC to deliver final verdict tomorrow


Odisha Sun Times Bureau
New Delhi, May 8 :

The Supreme Court bench of Justices T S Thakur and C Nagappan, which had reserved its order in the PIL case relating to Odisha chit fund scam after hearing the final arguments from both the petitioner Alok Jena and counsels for the Odisha government on April 23, will delivering its verdict tomorrow , May 9, in the Court room No 4, sources in the apex court said today.Supreme Court

The learned bench, after listening to arguments from both sides on April 23, was of the view that the matter should be handed over to the CBI in the interest of justice as well as to unravel the larger conspiracy involved in the financial fraud.

Senior lawyer Shyam Divan was appointed as the amicus curiae by the apex court in the case after the petitioner Alok Jena decided to part with his advocate SC Tripathy.

The court had also shortlisted 44 chit fund companies operating in Odisha for the CBI probe.

The final verdict, which is due on Friday, will spell out the court’s final view in the matter.


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