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.

0 Like 0 Dislike
Previous news Next news
Other news

Indian Cuisine is Pretty Big in Britain

New Delhi, Feb 15 (IANS) She comes from a family of chefs and co-owns Southall-based Brilliant

'If Muslims' voting rights are abolished, there will be peace, a senior religious leader appeals on the Waqf issue.

Vishwa Vokkaliga Mahasamastan Math's Mahant Kumar Chandrashekharnath Swamiji on Tuesday (November

Indiana Jones 5 Review: 'Indy' Gets a grand farewell, Ford's innings end in 'Indiana Jones' Franchise

With the action-adventure film Indiana Jones and the Dial of Destiny, the franchise's popular cha

Three hurt as part of under-construction flyover collapses

New Delhi, Feb 12 (IANS) At least three people were injured when a portion of an under-construc

ED called Rahul again today: The agency has questioned 42 hours in 4 days, the investigating officer was not satisfied with many questions

The Enforcement Directorate (ED) on Tuesday called Rahul Gandhi again for questioning in the Nati

IND W vs SL W Highlights: The Indian women's team won the fourth T20 by 30 runs, taking a 4-0 lead against Sri Lanka.

India defeated Sri Lanka by 30 runs in the fourth T20. In the match played in Thiruvananthapuram

PAK vs NZ 1s T20: Haris Rauf stunned Kiwi batsmen, Pakistan won the first T20 match by 88 runs

PAK vs NZ 1st T20. The first match of the five-match T20 series between Pakistan and New Zealand

Team India's tour of Sri Lanka: Rahul Dravid will be the coach of the Indian team captained by Dhawan; ODI and T20 series to be held from July 13

Former India captain and National Cricket Academy (NCA) chief Rahul Dravid will be the coach for

Crew: Kareena, Kriti, and Tabu's 'Crew' will blow away the box office, releasing in more than 75 countries

The 'crew' of Kareena Kapoor, Kriti Sen, and Tabu is ready to rock. The film is going to hit the

PM Modi: PM Modi was mesmerized after listening to this Ram Bhajan of Jubin Nautiyal and Manoj Muntashir, praised by sharing the post

Preparations for the inauguration of Ram temple in Ayodhya are being done with great pomp. There

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash