Odisha legislator gets bail in chit fund case

Posted on 4th Mar 2015 11:10 am by mohit kumar

Bhubaneswar, March 3 (IANS) The Odisha High Court on Tuesday granted conditional bail to Biju Janata Dal (BJD) legislator Pravat Tripathy, who was arrested by the CBI in connection with the chit fund scam in the state.

Tripathy has been in jail in Bhubaneswar since he was arrested on October 31 last year for his alleged link with chit fund firm Artha Tatwa Group.

The court granted him bail on a bond of Rs.10 lakh and asked him to surrender his passport.

The court also asked the lawmaker to cooperate with the Central Bureau of Investigation (CBI) during its ongoing inquiry in the chit fund scam.

The CBI has already filed a preliminary charge sheet in the Artha Tatwa Group case naming Tripathy and several other directors of the company as accused.

Other news

Forcibly applying colors on Holi is prohibited, and action will be taken if people go out on bikes in groups; Police have issued order

Hyderabad and Cyberabad police have issued a guideline regarding Holi. According to the police no

If you are investing or going to do, remember these 6 investment formulas, this will help in proper planning

If you are planning to start your investment journey, start now. Veteran investor Warren Buffett

Unemployed youths reached UP from Rajasthan to narrate pain to Priyanka Gandhi if CM Gehlot did not listen, hunger strike at Congress office in Lucknow

After shirtless agitation, offering roses to ministers, and going on hunger strike, unemployed yo

IND vs SA T20I series: Because of the World Cup, Indian players will have a real test against South Africa

India will try to test new and old players in the five-match T20I series against a strong South A

You can get up to 50% discount on iPhone 12 and iPhone 12 Pro, this work will have to be done to buy

The pre-order of the iPhone 12 and iPhone 12 Pro models in India has started on October 23 and is

25 lakh new voters in Jammu and Kashmir: Army personnel and migrants will cast their votes, Abdullah said – BJP is importing votes for victory

After the abrogation of Article 370, elections can be held in Jammu and Kashmir for the first tim

Odisha CM wants more coal mines for non-regulated sectors

Bhubaneswar, Feb 27 (IANS) Odisha Chief Minister Naveen Patnaik Friday urged Prime Minister N

Hathras Tragedy: Organizers hid evidence, and conspired to hide the number of casualties; many big revelations in the FIR

A major accident took place in Hathras, Uttar Pradesh on Tuesday. A stampede broke out during Bho

Gyanvapi Survey: Lawyers of the Muslim side said - Shivling is being told to fountain of Vazukhana

The survey went on for three days at Gyanvapi Mosque in Varanasi. The lawyer for the Hindu side h

Earthquake In Uttarkashi: The earth shook again in Uttarkashi, earthquake tremors felt

Earthquake tremors woke people from their sleep on Thursday (today) morning in Uttarkashi distric