Home ODISHA LATEST Chit fund probe : Senior CBI official meets Odisha chief secretary, DGP

Chit fund probe : Senior CBI official meets Odisha chief secretary, DGP


Odisha Sun Times Bureau
Bhubaneswar, May 20:

The CBI joint director, Rajeev Singh today met with the Odisha chief secretary JK Mohapatra in connection with the probe of the multi-crore chit fund scam by the central investigation agency as directed by the Supreme Court, said sources.

The state  Home secretary Vipin Saxena and ADG Crime Branch B K Sharma were also present during the meeting.

Later the CBI joint director met with the Odisha DGP Prakash Mishra at the state police headquarters in Cuttack and held discussions with him.

Mishra told IANS that the CBI official sought records and logistic support to carry out the investigation.

The visit of the CBI joint director assumes significance as the Supreme Court May 9 directed the investigating agency to probe the chit fund scams in several states, including Odisha.

The scams came to light after many investors complained that several firms collected huge amounts of money from them promising high returns, but later refused to pay back as promised.

At least 44 companies in Odisha will be probed by the CBI. They include Kolkata-based Saradha Group, and Odisha-based Seashore and Artha Tatwa groups.

The Odisha unit of the CBI is not part of the probe team. However, the Central CBI team will seek their assistance as and when required, a source said.

In another related development the Economic Offences Wing (EOW) of the Crime Branch police today sought consent of the Finance department to confiscate properties belonging to chit fund company Ashore Group, said sources.

Sources said the EOW has sought permission from the Finance department to confiscate 28 acres of land worth Rs 85 lakh belonging to the Ashore Group.