Odisha Sun Times Bureau
Bhubaneswar, July 31:
The CBI today is conducting raids at multiple locations in Odisha in connection with the multi-crore chit fund scam, sources said.
Sources also revealed the central agency is raiding several locations in Bhubaneswar itself.
The Supreme Court had on May 9 ordered for a CBI probe into the multi-crore chit fund scam in Odisha in which lakhs of depositors lost their hard earned money.
The court had pronounced its order in the PIL case filed by Alok Jena in the matter. The apex court had said the CBI will be probing the multi-crore chit fund scams in both Odisha and West Bengal. The court further said the CBI will be probing the larger conspiracy angle in the multi-crore scam while listing 44 chit fund companies in Odisha to be probed by the CBI.
The court had hoped that the CBI will be impartial in its probe and will also trace the money trail in the multi-crore scam which the state police has failed to do.
The CBI on June 14 had urged the Odisha government to provide necessary logistics support to expedite the probe into the multi-crore chit-fund scam in the state.