November 5, 2014

Odisha Channel Bureau Bhubaneswar, Nov 5: A court in Bhubaneswar remanded Biju Janata Dal Member of Parliament from Mayurbhanj Ramachandra Hansdah and two former legislators, accused in the mega chit fund scam, to CBI custody for six days.Hansdah and former BJD legislator Subarna Nayak and former BJP legislator Hitesh Bagarti were arrested by the CBI here on Tuesday for their alleged links with the Nabadiganta Capital Financial Services (NCFS) that has duped thousands of depositors in different areas of Odisha.Hansdah and Nayak were suspended from the BJD within hours of their arrest by the CBI on Tuesday.All the three politicians were Directors of NCFS.Earlier, BJD legislator from Banki Pravat Tripathy was arrested by the CBI for his alleged links with Artha Tatwa Group, another chit fund company.Tripathy is also in CBI custody at present.The CBI is investigating into the involvement of more than 40 companies in the chit fund scam in Odisha.

November 5, 2014 0 Comment