Reported by Santosh Jagdev
Bhubaneswar, Oct 28:
The Khordha district and sessions court here this evening allowed the Enforcement Directorate (ED) to take Prashant Dash, CMD of the Seashore group, one of the major players in multi-thousand crore Odisha chit fund scam, on a 14-day remand for interrogation to trace the money trail.
After hearing arguments from the counsels for the ED and Dash, the court finally passed the judgment in favour of the ED, which had requested the court for a 14-day remand. Dash will be produced before the court again on November 10, the day his remand period ends.
On September 19, the ED had requested the court to allow it to take Dash on remand. In its order, the court had asked Jeypore jail authorities to produce Dash before it.
On October 24, the Chief Judicial Magistrate’s court Jeypore had allowed Dash to be produced before Khordha district and sessions court on October 28.
Notably, Dash was arrested from Mumbai on June 19, 2013 and has been implicated in 37 cheating cases in various police stations across the state for duping thousands of investors of hundreds of crores by promising hefty returns.
In a related development, the Special CBI Court here has asked Bhubaneswar Deputy Commissioner of Police (DCP) to produce Saradha Group chief Sudipta Sen and director Debjani Chakravorty before it on November 10 for hearing in the chit fund scam case.
The same court today postponed the hearing to the aforesaid date in its judgement. On October 16, it had asked the Bhubaneswar DCP to present Sen and Debjani before it on October 27 for hearing.