Bhubaneswar, Feb 12 (IANS) A Special Investigation Team of the CBI Thursday filed a preliminary charge sheet against chit fund company Micro Finance Ltd. in connection with the multi-crore-rupee chit fund scam in Odisha.
The preliminary charge sheet, which was filed in the special Central Bureau of Investigation (CBI) court here, said the company duped investors of at least Rs.400 crore by floating six companies in the state that includes Micro Leasing and Funding, Micro Hotels, Micro Constructions, Micro Hospitals and Micro Media.
The charge sheet named five people including former CMD of the company, Durga Prasad Mishra, his brother Upendra Mishra and son Kaliprasad Mishra, CBI sources said.
It also named two others people -- Ashok Patnaik and Baikunthanath Patnaik -- both directors of the company.
They were charged under various sections of the Indian Penal Code and the Prize Chit and Money Circulation (Banning) Act, 1978.
"This is the preliminary charge sheet and we will file the final charge sheet after completion of inquiry," a CBI official said.
Pahalgam Terror Attack: Pakistan's hand in the attack, two locals and two Pakistanis involved; Sketches of three suspects released
There is anger in the country after the terrorist attack in Pulwama, Jammu, and Kashmir. Security agencies are searching for terrorists. Terrorists are being searched with helicopters and drones.
Big threat to the world, Chinese rocket weighing 23 tons falling back on the earth
China, which is building its space station, has suffered another major setback. The 23-ton rocket sent by the Chinese Space Agency has failed after launch and is falling back towards the Earth. This
Kejriwal meets Modi
New Delhi, Feb 12 (IANS) Delhi Chief Minister-designate and AAP leader Arvind Kejriwal met Prime Minister Narendra Modi here Thursday.Kejriwal, along with party leader Manish Sisodia, Wednesday met
No fresh snowfall in Himachal after 2 days: Tourists in Manali, movement stopped from Atal Tunnel
Tribal districts of Lahaul Spiti and Kullu in Himachal got little relief on Thursday after continuous snowfall for two days. Meanwhile, the weather cleared and the sun was shining. When the sun's rays
Lok Sabha Election: Why do voters choose Modi government? BJP explained with this 2.13-minute VIDEO
Lok Sabha Election 2024. Bharatiya Janata Party has entered the electoral fray to win 400 seats in the upcoming Lok Sabha elections. BJP leaves no stone unturned for election campaigning. Meanwhile,
Kohli praised this team for helping migrants in lockdown, said this in praise
New Delhi: A team from Uttarakhand, playing amateur cricket in the National Capital Region, helped the Indian captain Virat Kohli (Virat Kohli) as his friend by helping the migrant people suffering
Air India Tragedy: After the accident, rescue workers recovered 70 tolas of gold jewelry and Rs 50,000 cash from the debris; handed them over to the police
After the Ahmedabad plane crash, a huge amount of gold jewelry, and cash was also found during the recovery of bodies and other items from the debris. Let us tell you that Rajesh Patel is among the
Gujarat Election: Owaisi will benefit BJP on Muslim majority seats! The figures of the last elections will surprise
Muslims constitute 9.67 percent of the population in Gujarat. The share of Muslim voters is 15 percent in 34 assembly seats in the state and 20 percent or more in 21 assembly seats. Four seats in
Xiaomi Mi 11 launched in the global market, the price of the phone is more than 65000 rupees
Chinese giant smartphone company Xiaomi has launched its flagship smartphone Xiaomi Mi 11 in the virtual event. This phone has been launched globally. Earlier this phone was launched in the Chinese
G-7 Meeting: Focus on Indo-Pacific and Russia-Ukraine War; Joe Biden met Modi in a different way
The G-7 summit took place on Monday at the Schloss Elmau Palace in Germany. Prime Minister Narendra Modi also attended the invitation of German Chancellor Olaf Scholz. The summit focused on climate
