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

Verdict: Supreme Court gives a big blow to corporate, now banks will be able to act on the promoters of debtors

The corporate world has suffered a major setback from the Supreme Court. Now the difficulties of

CM Yogi Adityanath received death threats, all agencies including UP ATS alerted

UP Chief Minister Yogi Adityanath has been threatened with death. A case has been registered agai

Main Atal Hoon Box Office Collection: How was the condition of 'Main Atal Hoon' on the opening day, did it fail or pass in earnings?

Main Atal Hoon Box Office Collection Day 1: The biopic film 'Main Atal Hoon' of the country's mos

Corona in Gurugram - 1801 Corona case found in Gurugram, And Five Died

Gurugram Five people from Gurugram died in one day from Corona on Monday. This is the highest num

Ramayan Shelved: The shooting of Nitish's 'Ramayan' is not happening anywhere, Ranbir's film is on the verge of closure

The clouds of crisis have deepened over the film 'Ramayana', which is being made on the efforts s

Skill India: Skills of 75 thousand youth of Delhi NDMC will improve, will get training in electrical, plumbing, etc.

The central government is going to up-skill 75 thousand people of NDMC of Delhi. Skill India will

Yellow rust partially hits wheat crop in Himachal

Shimla, March 31 (IANS) A fungal disease called yellow rust, caused by the untimely heavy rainf

Peace talks begin in Qatar of Afghanistan and Taliban, know what will be the effect on India

After months of delay, the first formal peace talks between the Afghan government and the Taliban

Karan Johar: 'If anyone finds out, we won't be able to stay in the city, ' Karan said on the Bollywood WhatsApp group; revealed many secrets

It is said about Karan Johar and some of his friends that they keep up with every gossip of Bolly

Dengue poses a threat in many states of the country, doctors' advice - be alert and get tested only in mild fever

UP, Punjab, Haryana, Jammu Kashmir, Gujarat, Delhi are some of the states where dengue has raised

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