Home ODISHA LATEST Odisha chit fund scam: Sacks of Seashore documents found on city outskirts

Odisha chit fund scam: Sacks of Seashore documents found on city outskirts


Odisha Sun Times Bureau
Bhubaneswar, Oct 30:

Hours after a court here allowed Enforcement Directorate (ED) to take Prashant Dash, CMD of Seashore Group, a major player in the multi-thousand crore chit fund scam in Odisha, on a 14 day remand, local people spotted sack loads of documents of the company lying abandoned on the roadside behind the Group’s office (Seashore Towers) in Chandaka Industrial Estate here.


The sacks contain counter foils of money receipts of deposits collected from depositors by the Seashore Multipurpose Cooperative Ltd, besides other documents pertaining to deposit certificates etc.

Interestingly, Dash himself and his counsel had told the media that they will be cooperating with the ED and the CBI in their investigations for truth to come out. His counsel did not oppose the ED’s move to take him on a 14-day remand though he did insist on certain conditions.

Dash’s son had also told the media yesterday that his father will be fully cooperating with the ED in its investigations.

Locals, who informed a leading local TV channel about the discovery, today said they have been witness to such incidents on several occasions in the past too.

“Such acts normally happen after evening under the cover of darkness Around 18 to 20 men come and take away sack loads of stuff but they never dared to protest or oppose out of fear because of their number.

Police was still to reach the spot at the time of filing of this report.