Home HEADLINES Odisha chit fund scam: Arrested BJD MP, ex-MLAs produced in court

Odisha chit fund scam: Arrested BJD MP, ex-MLAs produced in court

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Odisha Sun Times Bureau
Bhubaneswar, Nov 10:

Three arrested Odisha politicians – sitting BJD MP from Mayurbhanj Ramchandra Hansda, former BJD MLA from Keonjhar Subarna Nayak and former BJP MLA from Nuapada Hitesh Bagarti –have been produced before the Special Chief Judicial Magistrate’s Court here after being medically examined.

The term of their six day CBI remand ended today.

Ramchandra Hansda ( pic- Biswaranjan Mishra)
Ramchandra Hansda ( pic- Biswaranjan Mishra)
The trio was arrested by the CBI on November 4 for their alleged links with ponzi firm Nabadiganta Capital Services.

Hansda at the time of being forwarded to the court told reporters that he hopes the court will do justice to them as they have fully cooperated with the CBI during their interrogation. He said there was no political link and it was their personal matter- in line with what chief minister Naveen Patnaik has been saying.

During its investigation, the CBI had found that they were active directors of the ponzi firm and had charged them for criminal conspiracy, cheating and diversion of funds.

During its investigation, the CBI had found that they were active directors of the ponzi firm and had charged them for criminal conspiracy, cheating and diversion of funds.

The CBI had sought a 10-day remand for the three on November 5, but the court had allowed it to take them on a six-day remand.

Both Hansda and Naik were suspended from the BJD following their arrest by the CBI.

The CBI was also supposed to produce Saradha chief Sudipta Sen and his close associate Debjanai Chakravorty in the court today. But sources said there is little chance of them being produced today. Bhubaneswar DCP Satyabrata Bhoi has confirmed that there had been no word from Kolkata police on their transit.

Seashore group chairman cum managing director (CMD) Prashant Dash will also be produced in the Khordha district and sessions court today by the Enforcement Directorate (ED) at the end of his 14-day remand.

It is not clear of the ED would seek further remand for him.