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

Inflation hit Bangladesh: Petrol and diesel prices increased by 52% for the first time since 1971, and angry people took to the streets

People in Bangladesh are troubled by inflation. Here the government has increased the prices of p

Nikki Haley said- Pakistan is a stronghold of terror: Called China a threat to the US, said- If I become president, I will stop funding enemy countries

Indian-origin Nikki Haley, who is involved in the race to become a candidate for the Republican P

Delhi-NCR AQI: Even today AQI is very bad, situation is getting worse day by day due to poisonous air; Know the condition of your area

The problem of people has increased due to the increasing pollution with the cold weather. People

Veteran Tamil actor Rajesh Williams passed away at the age of 75, Rajinikanth expressed grief by posting.

Veteran actor and businessman Rajesh Williams died in Chennai on Thursday, May 29. He was 75 year

Woman officer leads guard of honour for Obama

New Delhi, Jan 25 (IANS) Wing Commander Puja Thakur led the ceremonial guard of honour for US Pr

Delhi children exposed to very unhealthy air in schools: Greenpeace India

New Delhi, Feb 16 (IANS) The air inside Delhi schools is

No new taxes in Punjab budget

Chandigarh, March 18 (IANS) Punjab Finance Minister Parminder Singh Dhindsa on Wednesday said n

Analysis of Rajasthan Royals and SRH team: Sanju Samson's team has every weapon to become champion, Orange Army is not as strong as before

The 15th season of IPL is going to start on 26 March. This time all the matches of the league rou

Why Kota became political hotspot, bitterness in Nitish-Gehlot-Yogi!

Kota / Jaipur

So far, Kovid-19 infection has spread to 97 people in two Karona hotspots o

Puja Khedkar: Now the divorce of Pooja Khedkar's parents will also be investigated, the Center has given orders to find out the truth

A new controversy has emerged in the case of controversial trainee IAS officer Pooja Khedkar. She