
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.
Congress leader Rahul Gandhi said that in the 1990s, the Congress ignored the interests of Dalits
The corona epidemic has increased the importance of life insurance many times. Those who earlier
Veteran Hindi cinema actor Dharmendra has passed away at the age of 89. Filmmaker Karan Johar sha
JEE Mains 2021 Date: Union Education Minister Ramesh Pokhriyal Nishank will announce the schedule
Ind vs Ban: Indian fast bowlers compared this Pakistani cricketer, Wasim-Sakhtar, and Waqar's trio
The first match of the two-match Test series between India and Bangladesh played a cow at the Che
Kerala CPI-M law-maker sent to 14 days judicial custody
Kannur (Kerala) Feb 27 (IANS) A court here Friday sent Communist Party of India-Marxist legisla
The US has quoted the intelligence report as saying that the corona spread from China's Wuhan lab
The National Investigation Agency (NIA) will also investigate the case of the death of Mansukh Hi
The petitioner has sought immediate intervention from the Supreme Court in the Joshimath landslid
The controversy that started with the social media post of South Korean company Hyundai on Kashmi