Home ODISHA LATEST Odisha chit fund scam: Hearing on Pravat Tripathy’s bail deferred to Dec...

Odisha chit fund scam: Hearing on Pravat Tripathy’s bail deferred to Dec 2


Reported by Santosh Jagdev
Bhubaneswar, Nov 27:

The Khordha district and sessions court today deferred the hearing on the bail application of BJD MLA from Banki  Pravat Tripathy, arrested by the CBI in connection with the multi-crore chit fund scam in Odisha, till December 2 as the agnecy sought more time to produce some documents.

Pravat Tripathy  (Pic- Biswaranjan Mishra)
Pravat Tripathy
(Pic- Biswaranjan Mishra)

Tripathy was arrested by the CBI for his alleged links with the Artha Tatwa (AT) Group, a major player in the chit fund scam.

The hearing on the bail plea of Manoj Das, owner of a private television channel who also was arrested by the CBI for his links with the AT Group, was also deferred by the Odisha High Court till December 2.

Meanwhile, two officials of the Registrar of Companies (ROC) are at the CBI office here. Sources in the CBI said they have been summoned by the central investigating agency for interrogation in connection with the chit fund scam.

Meanwhile real estate broker Subhankar Nayak will be produced before the special chief judicial magistrate’s court here today at the end of his remand period. Sources said the central investigating agency will seek extension of his remand period.

Hearing will take place today on the bail petitions of AT Group chief Pradeep Kumar Sethy and Mumbai based stock broker Deepak Chandratan Parekh.


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