My arrest will lessen possibility of money refund: Seashore CMD

Bhubaneswar: Seashore chit fund company CMD Prashant Dash, who was arrested again on Saturday morning, said his arrest would only lessen the possibility of refunding money to investors.

'I will keep returning money till end of my life. A further arrest would only lessen possibility of returning money to investors,' Dash told reporters after he was arrested by Dhenkanal police from his Jharpada residence here. He was arrested in connection with two cases.

Dash further stated that no pressure was put on him. He expressed hopes that he would get justice from the court.

Notably, Das was released from the Jharpada Special Jail here on Friday after availing bail in eight cases against him.

The CBI, which is probing into the mega chit fund scam, had filed a 276-page charge-sheet in which it had named Prashant Dash, his brother Pravat Dash and middleman Subhankar Nayak and accused the company of swindling Rs 578.20 crore from investors.

One boy arrested for motorcycle thefts and forwarded to city SDJM court

Bhubaneswar: A boy was arrested for motorcycle thefts and forwarded to the SDJM court in Bhubaneswar.The accused has been identified as Rajesh Mohanty...

ICDS Bhawanipatna supervisor caught taking bribe

Kalahandi: Vigilance sleuths on Monday arrested Bhawanipatna ICDS Supervisor for allegedly demanding and accepting a bribe of Rs 3500 he accused, iden...

7 Year's Old Girl Sexually Assaulted By Unidentified Man

A seven year old girl was allegedly raped by an unidentified person in Sadar area here, police said Monday. The incident came to light on Sunday when ...

A Journalist attacked by illegal liquor trader in Balasore

Balasore: A journalist sustained critical injuries after allegedly being attacked by an illegal liquor trader in Sora area of Balasore district last n...