Odisha Channel Bureau Bhubaneswar, Dec 3: The Enforcement Directorate on Wednesday attached properties worth Rs.158 crore of the Seashore Group which is involved in the mega chit fund scam in Odisha.The properties that the Directorate attached include more than 100 acres of land in different parts of the State, 100 kg of silver, more than one kg gold, 10 flats and he Group’s corporate office in Bhubaneswar.The other properties attached include a flour mill at Barunei and an oil mill at Betanati in Mayurbhanaj district.The Directorate attached the properties under the provisions of the Prevention of Money Laundering Act.While the CBI has been investigating into the illegalities committed by the chit fund firms in collection of money from the people by assuring very high returns, the ED is proving into the ustilisation and laundering of the huge funds.Chairman-cum-Managing Director of Seashore Group Prashant Dash is in judicial custody after he was arrested in the cases relating to the chit fund scam.Dash was recently interrogated by the ED and subsequently by the CBI.
December 3, 2014
December 3, 2014
0 Comment
Related Articles:
- Ponzi scam: Chargesheet filed against Seashore Group
March 7, 2015, 6:03 am
- CBI questions BJD MP Rabindra Jena
January 12, 2015, 1:06 pm
- Odisha chit fund case: CBI arrests DSP Pramod Panda
December 19, 2014, 8:53 am
- Court denies bail to Pravat Tripathy
December 8, 2014, 6:53 am
- BJD blackmailing CBI: Niranjan
November 24, 2014, 8:05 am
- Odisha chit fund scam: CBI finds Naveen Nivas link
November 22, 2014, 4:42 am
- BJD’s Pravat Biswal quizzed by CBI
November 21, 2014, 7:15 am
- CBI grills Pyari on chit fund scam
November 21, 2014, 5:19 am
- CBI raids Pyarimohan’s houses
November 18, 2014, 4:54 am
- ED grills Pyari in chit fund scam
November 17, 2014, 9:47 pm
Breaking News:
- Okay Okay Okay, I Seriously Can't Stop Laughing At All These Ignorant Americans Who Got Absolutely Roasted Into Oblivion So Far This Year
June 7, 2023, 10:31 pm - ‘No one has told me I’m being indicted,’ Donald Trump says
June 7, 2023, 10:20 pm - Trump posts video mocking Christie on social media. Hear his response
June 7, 2023, 10:12 pm - California’s oldest, longest-serving state worker dies after nearly 80 years on the job
June 7, 2023, 9:13 pm - Utah district's Bible ban spurs protest by parents, Republicans
June 7, 2023, 9:07 pm - Judge weighs Missouri GOP dispute over estimated cost of allowing abortions
June 7, 2023, 9:04 pm - ‘The damage this can cause is unreal’: Woman secretly records strangers for fake TikTok ‘tea,’ and people are enraged
June 7, 2023, 8:10 pm - Elon Musk Has a Blunt Message for Nvidia
June 7, 2023, 7:56 pm - Dude, Gen X is totally unprepared for retirement, survey finds
June 7, 2023, 6:05 pm - 'It's just a bad photo!' – Mrs Russia organisers forced to defend pageant winner’s looks
June 7, 2023, 5:43 pm