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Odisha Sun Times Bureau
Cuttack, Jun 21:

The Odisha government today announced dates for second phase e-auction of confiscated properties of Ponzi firms.

second phase e-auction

Properties of three Ponzi firms Safex India, Astha Group and Golden Land Developers would be put up for auction in the second phase.

The dates for the second phase auction were announced by Special Empowerment Officer and Additional District Magistrate (ADM), Cuttack Bibhuti Bhusan Das.

While July 11 is the e-auction date for confiscated properties of Safex India, July 13 is the date for e-auction of properties of Astha Group and July 18 is the date for e-auction of confiscated properties of Golden Land Developers.

It may be noted here that no bidders had turned at the e-auction of confiscated properties of Rose Valley Corporation. Similarly, out of 12 plots of land of Astha Group in Ganjam and Khordha districts put up for e-auction bidders had made bids for only three plots near Chilika.

Since there was no bid for confiscated properties of Safex India and Golden Developers, these properties are being put up for e-auction again, informed Special Empowerment Officer and Additional District Magistrate (ADM), Cuttack Bibhuti Bhusan Das.