
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.
Australian glovesman Haddin hints at quitting ODIs
Sydney, Feb 19 (IANS) Veteran Australian wicketkeeper Brad Haddin Thursday confirmed that he is
Keeping in view the possible deterioration in the air quality in Delhi with the onset of October,
Now five days have passed since Russia attacked Ukraine. Despite this, the Russian army has still
Gadar 2: Sunny Deol and Ameesha Patel's Gadar 2 is hitting the theaters on August 11 this year. B
Sri Lanka on Wednesday said a petrol-laden ship has been parked in its maritime zone for nearly t
Dalai Lama: The Dalai Lama kissed a child in public, creating an uproar on social media
Controversy has erupted over a video of the world-famous Tibetan spiritual leader Dalai Lama. A v
Five soldiers, including a captain, were killed and 12 civilians were injured in multiple explosi
Defense ties between US and India very important, each other's allies: Pentagon
India-US Defense Relationship: Pentagon's big statement has come out regarding the defense relati
On the first day of the winter session, there was a loud ruckus in the Parliament and there were
Sayeed eyes new tourist destination
Jammu, March 21 (IANS) Jammu and Kashmir Chief Minister Mufti Muhammad Sayeed on Saturday calle