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

Weather Update Today: Snow may occur in high-altitude areas, know the latest forecast from the Meteorological Department

With the onset of November, the cold has started increasing in most of the states of the country.

Blast In Afghanistan: Big explosion in Kabul's 'Chinese Hotel', all three attackers killed, all evacuated safely

The question has once again arisen on the security of foreigners in Afghanistan. On Monday, some

Corona in Uttarakhand: Double mutant virus confirmed in Dehradun, samples were sent to Delhi in March

The coronavirus is taking a fatal form in Uttarakhand. The double mutant virus has been confirmed

IND vs AUS: Suryakumar continued Dhoni's tradition, and handed over the trophy to Rinku-Jitesh after winning the series

India defeated Australia by six runs in the fifth T20. With this victory, Team India won the five

Terror Attack: Terrorists hatched this dangerous terrorist conspiracy in the next 48 hours, security agencies got dangerous inputs

A big conspiracy of terrorists has been exposed in Jammu and Kashmir. According to the informatio

Waqf Act: The Supreme Court said that- solid basis is necessary for interim relief; the Central Government will present its side today

Hearing the petitions challenging the validity of the Waqf Amendment Act 2025, the Supreme Court

Airtel 5G Plus launched in 8 cities, what is the specialty of next-generation connectivity

Airtel has given a big gift to the customers waiting for 5G services. Airtel has launched its Air

Guneet Monga : First Oscar to Indian production from The Elephant Whispers, Guneet Monga said – we did it

The Elephant Whispers has won the Oscar Award in the Short Film Documentary category, making the

Nimrat kaur spilled pain: The actress had increased her weight by 15 kg for her role in 'Tenth', said - this increased weight was mentally and physically very painful

Getting into a character is a daunting task and at times actors have to take extreme steps to und

Bengal SSC Scam: Admit card and appointment letter received from Partha Chatterjee's house, ED's revelations will increase the minister's troubles

West Bengal SSC Scam: The problems of West Bengal Minister Partha Chatterjee are increasing. The