Bhubaneswar, Feb 12 (IANS) A Special Investigation Team of the CBI Thursday filed a preliminary charge sheet against chit fund company Micro Finance Ltd. in connection with the multi-crore-rupee chit fund scam in Odisha.
The preliminary charge sheet, which was filed in the special Central Bureau of Investigation (CBI) court here, said the company duped investors of at least Rs.400 crore by floating six companies in the state that includes Micro Leasing and Funding, Micro Hotels, Micro Constructions, Micro Hospitals and Micro Media.
The charge sheet named five people including former CMD of the company, Durga Prasad Mishra, his brother Upendra Mishra and son Kaliprasad Mishra, CBI sources said.
It also named two others people -- Ashok Patnaik and Baikunthanath Patnaik -- both directors of the company.
They were charged under various sections of the Indian Penal Code and the Prize Chit and Money Circulation (Banning) Act, 1978.
"This is the preliminary charge sheet and we will file the final charge sheet after completion of inquiry," a CBI official said.
Twitter made a big mistake, told Jammu and Kashmir, part of China, not yet apologized
Twitter hit the target on Sunday when it declared Jammu and Kashmir as part of China. Twitter mad
Kejriwal votes, Mobbed like a Celebrity
New Delhi, Feb 7 (IANS) He was the cynosure of all eyes. As AAP leader Arvind Kejriwal voted Sa
The high-level committee set up to probe the spyware Pegasus, which destroyed the entire monsoon
PM Modi holds review meeting regarding oxygen supply, directs to create coordination with states
The problem of lack of oxygen has arisen in hospitals of many big cities in the country due to in
Indian Army surprised the whole world by entering PoK six years ago and eliminating 50 terrorists
Rinku Sharma's murder boils in Delhi, VHP claims - Murder on raising funds for Ram temple
The murder of 25-year-old youth Rinku Sharma in the Mangolpuri area of Delhi has caught fir
Denied entry again in Delhi Secretariat, media fumes
New Delhi, Feb 17 (IANS) The Arvind Kejriwal led-government did not allow the media to enter th
PM Modi interacting with the players of the Tokyo Paralympic Games, Games will start on August 24
Prime Minister Narendra Modi is interacting with the 54-member Indian athletes team going to the
Politician Tajinder Singh Bagga is currently seen in Salman Khan-hosted reality show 'Bigg Boss S
The fifth test match is being played between India and England at the Edgbaston Cricket Ground. H
