Odisha Chit Fund Scam: CBI Raids 14 Locations (Lead)

Posted on 14th Jan 2015 06:13 pm by mohit kumar

Bhubaneswar, Jan 13 (IANS) A Special Investigation Team (SIT) of the CBI Tuesday searched 14 places in Odisha in connection with the chit fund scam, officials said.

The searches were conducted in four districts -- Balasore, Ganjam, Sambalpur and in Bhubaneswar in Khurdha district -- in connection with Safex Infra India Private Ltd., said sources in the Central Bureau of Investigation.

The teams raided the head office and branch offices of the chit fund company.

"The residences of accused directors of the company -- Firoj Khan, Purna Chandra Biswal, Chinmaya Subudhi, Amanullah Khan, Santosh Nanda -- and other people were searched. Incriminating documents were found during the search," a CBI spokesperson later confirmed in New Delhi.

The Economic Offence Wing (EOW) of the Odisha Crime Branch, which was probing the chit fund scam, earlier arrested eight officers of Safex Infra and took control of 12 acres of land of the firm.

It also seized a bank account of Rs.5 lakh last year.

The SIT is probing the scam following a Supreme Court order.

Other news

Former coach Ravi Shastri's big claim - Jasprit Bumrah, team can win the World Cup even if Ravindra Jadeja is not there, a chance to find a new champion

Former Team India head coach Ravi Shastri believes that despite the absence of star players Jaspr

Excise Policy Case: Kejriwal's petition will be heard in Delhi High Court today, CM had challenged the arrest.

Delhi Chief Minister Arvind Kejriwal's petition will be heard in the High Court today. Kejriwal h

UCC: What is the government waiting for in implementing the Uniform Civil Code, why is it taking so long? Know everything

The Central Government has stepped up preparations to bring the Uniform Civil Code (UCC). The 22n

Shah Rukh Khan: Debate started on giving National Award to Shah Rukh, people raised this big question

Bollywood's Baadshah Shah Rukh Khan has finally received the first National Award of his career.

8 Asiatic lions in Hyderabad ordered to close Corona, Zoos, and National Parks

The country has been battling the second wave of the Coronavirus for the past several days. So fa

The War On The Question Of Corona Virus, Increased Speech War In China And America

Countries of the world are suffering from Corona virus. The first case of corona was reported in

China America News: China will be evicted from China, Nepal and Fiji due to silent diplomacy of America, India will benefit

China America News: America has intensified its diplomatic move to surround China. The dragon is

Arvind Kejriwal: Kejriwal will not resign from the post of Chief Minister, said big thing about BJP

Delhi Chief Minister Arvind Kejriwal asked why he had not tendered his resignation while in jail.

Assam: 'Mughals shaped India, I am proud of them', controversial statement of Congress MP Abdul Khaliq

Abdul Khaliq, Lok Sabha MP from Assam's Barpeta constituency, has made a big deal about the Mugha

'If dogs are removed, monkeys will come, ' Maneka Gandhi opposed the Supreme Court's decision on street dogs.

On Monday, animal rights activist and former Union minister Maneka Gandhi strongly criticised the