Bhubaneswar, Jan 31 (IANS) The Special Investigation Team (SIT) of the CBI Saturday conducted simultaneous raids at 14 locations of chit fund firm Microfinance Ltd in Odisha.
The CBI sources said that the teams conducted raids at 14 places including Bhubaneswar, Cuttack and Berhamapur.
The company was operating its business and has offices in these cities.
"In Odisha chit fund scam, the CBI conducted searches at 14 places of Microfinance Ltd offices and residences of former MD Durga Prasad Mishra, director Ashok Patnaik and other directors of the company," said a spokesperson of CBI in New Delhi.
CBI sources said the officials raided the house of Ajay Swain, former personal assistant of commissioner-cum-secretary of Panchayati Raj department, the residence of Suratha Das, one of the directors of Microfinance Ltd, and the residence of retired Indian Administrative Officer Jugal Kishore Satpathy in Bhubaneswar.
Besides, the central investigating agency conducted raids at the residence of Ashok Patnaik, one of the directors of the company, in Cuttack and at the head office in Berhampur city.
This is the second time that the CBI has carried out raids on places associated with Microfinance Ltd.
UP's CM Yogi's father cremated with law, firstborn
Hrishikesh, JNN. Anand Singh Bisht, father of Uttar Pradesh Chief Minister Yogi Adityanath, was c
PM Modi Assam Visit: Prime Minister Narendra Modi will visit Assam today i.e. on 14 April. During
Ananya Pandey's cousin brother Ahaan Pandey and actress Aneet Padda, who appeared in Salaam Venky
If Imran Khan's government falls, then what will happen next in Pakistan?
Pakistan's Prime Minister Imran Khan is going through the most difficult phase of his political c
Delhi legislators meet President
New Delhi, March 27 (IANS) All the 70 Delhi legislators met President Pranab Mukherjee at the Ra
RH 200 Sounding Rocket: 200th consecutive successful launch of ISRO's RH 200 sounding rocket
ISRO's versatile sounding rocket RH-200 on Wednesday registered its 200th consecutive successful
The Assam government is not imposing rules to control the population but is working towards popul
Kejriwal seeks German help for Skill Development
New Delhi, March 19 (IANS) Delhi Chief Minister Arvind Kejriwal on Thursday sought Germany's co
BJP accuses UP Government of Hoodwinking People
Lucknow, Jan 29 (IANS) The BJP Thursday accused the Uttar Pradesh government of trying to hoodw
You must have seen the video of one to the fatal accident of the car, you must have seen the cars
