Bhubaneswar: Bengal film producer Shrikant Mohta, who was arrested yesterday in connection with the Rose Valley Chit Fund scam, has been sent to the Jharpada Special Jail in Odisha capital.
Mohta was today produced before the Special CBI Court here and later sent to judicial custody for 14 days.
He was arrested by CBI in Kolkata following interrogation in connection with the Rose Valley Chit fund scam as the officials concerned found many of his statements unsatisfactory.
The CBI had attached assets including resorts, hotels, land parcels worth Rs 2,300 crore across districts of West Bengal. The agency has been probing the diversion of funds from the Rose Valley Group’s deposit-taking companies.
Under the provisions of the Prevention of Money Laundering Act (PMLA), the agency had registered an FIR against the company and Chairman Gautam Kundu in 2014, who was arrested the next year.
The CBI had recovered incriminating documents, gold ornaments and precious stones worth Rs 40 crore during searches at showrooms at a jewellery house in the ponzi scheme.