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Odisha chit fund scam: Verdict on Manoj Das’ bail plea deferred till tomorrow

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Odisha Sun Times Bureau
Bhubaneswar, Sep 24:

The Khordha district sessions judge court today reserved the verdict on the bail plea of Manoj Das, proprietor of a local television channel who has been arrested by the CBI for his suspected complicity in the Artha Tatwa (AT) Group chit fund scam in Odisha.

File pic
File pic

The court deferred its verdict on Das’ bail plea till tomorrow after hearing arguments from both sides. On September 22, the court had deferred the hearing on his bail plea to today.

Das and another media owner Madhu Mohanty, proprietor of Odia newspaper ‘Odisha Bhaskar’, were arrested by the CBI on September 14 for their suspected complicity in the Artha Tatwa (AT) Group scam.

On Tuesday (September 16), special chief judicial court (CBI) court had sent Dash on a 14-day judicial custody after rejecting his bail application.

Das had allegedly taken Rs 90 lakh from AT Group CMD Pradip Sethy for leasing out bandwidth for operating six television channels in the tele ports owned by him. On the other hand, Sethy had claimed during interrogation by the CBI that Dash had taken the money as a loan from him and had not returned it.

During interrogations by the CBI, Dash managed to produce document/agreement pertaining to the leasing of bandwidth for operating only one television channel in his teleport for Rs 15 lakh to Sethy while failing to produce documents for the other bandwidths for operating five more channels and to account for the rest Rs 75 lakh, said sources.