Home BIG STORY ED moves Odisha court to confiscate Seashore Securities assets

ED moves Odisha court to confiscate Seashore Securities assets

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Odisha Sun Times Bureau
Bhubaneswar, Mar 31:

Enforcement Directorate (ED) today moved the Khordha District and Sessions Court to confiscate Rs 242 crore worth of assets of Seashore Securities Ltd, a major player in the multi-thousand crore chit fund scam in Odisha.

PRASANTA DASH

Further, the ED has named Seashore Group chief Prasant Dash and his brother Pravat Dash in the charge sheet filed before the court, said sources.

The ED, which is looking into money laundering, has so far seized assets worth Rs 242 crore of the firm.

Both Prasant and Pravat are currently lodged in Jharpada jail.