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

When will corona be finished? The government said - there will also be a third wave of the epidemic

Amidst the havoc of the second wave of Corona infection in the country, preparations are now goin

Imran Khan can be arrested anytime: Crowd of supporters outside the bungalow; The judge and police officers were openly threatened

Pakistan's former prime minister Imran Khan can be arrested anytime. During a rally in Islamabad,

Indian food additives market to grow 12 percent CAGR

Kolkata, March 27 (IANS) The growing demand for ready-to-eat food products coupled with rising

Kantara Chapter 1: 'I completed the climax scene using painkillers,' Rishabh says at the success party; Gulshan sings the song

The makers of the film "Kaantara Chapter 1" hosted a success party in Delhi on Wednesday. Present

DoNER camps in Northeast for Redressal of Grievances

New Delhi, Jan 24 (IANS) The DoNER ministry has decided to set up camp offices in each of the e

Finance Minister Nirmala Sitharaman will hold a meeting with the heads of public sector banks, important issues will be discussed

New Delhi: Finance Minister Nirmala Sitharaman will hold a review meeting with the Chief Executiv

India break jinx, beat South Africa in World Cup (Roundup)

Melbourne, Feb 22 (IANS) India finally managed to break a 23-year-old jinx when they thrashed f

16th day of Unlock-1 in Jharkhand - Total 1807 Corona positive cases, clothes and shoes shops and salons will be decided today

Ranchi / Dhanbad / Jamshedpur. A decision on the opening of clothing and footwear shops and salon

Hyderabad Rape Case: In the case of rape of a six-year-old girl, the minister said - the accused will have an encounter, the police kept a reward of 10 lakhs

The pressure on the Telangana government is increasing in the case of the murder of a six-year-ol

Trade reached $100 billion on border tensions between India and China

Amidst the ups and downs in the relations between India and China, such news has come to the fore