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

Coronavirus Updates: 2451 new cases of corona in India in 24 hours, more than two thousand cases found for the third consecutive day

The cases of Coronavirus in the country are increasing continuously. In the last 24 hours, 2451 n

MP Exit Poll 2023: In the figures, the public was kind to 'Mama', somewhere Congress is giving equal competition, But the picture is still pending...

MP Exit Polls 2023: Elections for 230 seats in Madhya Pradesh have been completed on 17th Novembe

New US variant BA.12 of Corona found in Bihar: 10 times more dangerous new strain than Omicron's BA.2 variant

A new variant BA.12 of Corona has been found in Bihar. This is said to be 10 times more dangerous

20 years ago, when Big B was in debt of 90 crore rupees, this show did a big help in recovering him.

The 12th season of 'Kaun Banega Crorepati' is starting today (28 September). This time due to the

Electoral Bonds: Supreme Court ready to hear plea against the amendment in Electoral Bond Scheme

The Supreme Court on Monday agreed to hear a fresh petition filed regarding amendments to the ele

GT vs MI Pitch Report: Rohit-Hardik don't take this wrong decision after winning the toss in Ahmedabad, see very useful figures

In the 35th match of IPL 2023, Gujarat Titans will clash with Mumbai Indians. In their last match

India to mine Indian Ocean seabed for Gold, Silver

Panaji, Feb 9 (IANS) The central government is all set to exploit 10,000 sq. kms of the Indian

Corona In India: 34 thousand people infected in last 24 hours, 346 killed, active cases also below five lakh

The outbreak of the Corona epidemic seems to be decreasing in the country for the last week. The

The Kapil Sharma Show: From Sunil Grover to Sidhu, sometimes due to a dispute with Kapil and sometimes unhappy with the role, these TV stars left the show

'The Kapil Sharma Show' has become the most talked-about but controversial show on television. Re

Impact of Corona crisis: Gold imports fall for the fifth consecutive month in April

New Delhi: The country's gold imports have fallen for the fifth consecutive month in April. Due t