Home HEADLINES Odisha chit fund scam: BJD suspends arrested MP, ex-MLA

Odisha chit fund scam: BJD suspends arrested MP, ex-MLA

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Odisha SunTimes Bureau
Bhubaneswar, Nov 4:

As anticipated, the BJD today suspended its sitting MP from Mayurbhanj and former MLA Subarna Naik from the party following their arrest by the CBI for their alleged complicity in the mega chit fund scam in Odisha.

 A press release issued by the BJD said the two have been suspended from party.

The release was issued a little while after chief minister Naveen Patnaik, who is on a visit to the national capital, announced that appropriate action will be taken against the two.

The release said the two have been suspended from the party by the BJD president Naveen Patnaik.

The CBI today arrested BJD MP Ramchandra Hansda and former MLAs Subarna Nayak (BJD) and Hitesh Bagartti (BJP) on charges of their links with the financial fraud committed by the Odisha-based chit fund firm Nabadiganta Capital Services.

All three were summoned by the CBI today, for the third time in 12 days, for interrogation. The last time they were questioned was on October 26, when they had been grilled for nearly for hours.

Ramachandra Hansda is the secretary of the BJD parliamentary party in the Lok Sabha. Hitesh Bagartti and Subarna Nayak were denied tickets by the BJP and the BJD respectively in the last general elections.

The CBI had raided the residences of the three politicians in July and had seized some documents, besides Rs 28 lakh in cash from Hansda’s Rairangpur residence. Hansda had initially claimed that it was his own money, but later said it belonged to his supporters before finally saying today that part of it belonged to the BJD.

Chairman cum Managing director (CMD) of the company Anjan Kumar Baliarsingh and two directors — Kartikeya Parida and Pradeep Patnaik — were arrested Oct 26. They are in jail after a special CBI court rejected their bail plea Nov 1.