Odisha Sun Times Bureau
Bhubaneswar, Aug 17:
While the CBI today continued with its raids in Odisha in the multi-thousand crore chit fund scam, the central agency confirmed the arrest of former AT Group director Sambit Khuntia.
The CBI had raided Khuntia’s residence at the Bata Mangala Housing Board colony in Khordha on Saturday.
Khuntia was taken into custody after several incriminating documents were seized from his residence during the raid.
He will be produced before the local court today and the CBI is likely to seek his remand for further interrogation, sources said.
Khuntia, a Youth Congress office-bearer in the past, was a very close associate of AT Group chairman-cum-managing director (CMD) Pradip Sethy. He owns more than 100 acres of land in Khordha, sources revealed.
The CBI team are today raiding an office of the ponzi firm at Kharavela Nagar here, after breaking open the locks. The office had been shut down after the chit find scam rocked the state.
The CBI on Saturday conducted searches at 60 locations including two each in Mumbai, Berhampur, Balasore and the remaining 54 in Bhubaneswar and adjacent areas at the office and residential premises of Odisha based AT Group of companies; their directors & other office bearers and also of those companies / individuals who had close links with the said Group, said a CBI release issued Saturday evening.
A case has been registered against the AT Group of Companies in the alleged multi-crore chit fund scam on the directions of Supreme Court of India and investigation has been taken up by the SIT of CBI, the release said.
The CBI release also said searches were conducted in Mumbai at the office and residence of a stock broker who had allegedly obtained license from SEBI and MCX for the AT Group of Companies and at the residence of a TV Serial Producer.
During searches, incriminating documents have been recovered. CBI had registered four cases in West Bengal and 44 in Odisha this year in the multi-crore chit fund scam on the direction of the Supreme Court and the investigation is continuing, the release added.