NGO Chief Khirodh Mallick arrested for duping Depositors of Rs 10 cr

Bhubaneswar, Oct 27: In a big development, the Economic Offence Wing (EOW) of the Odisha Crime Branch police on Monday arrested chief of non governmental organisation "Biswa" Khirodh Mallick for duping the depositors of Rs 10 crore.

Khirodh Mallick, brother of BJD leader Pramila Mallick, was charged with collecting deposits like chit fund companies and cheating the money of depositors. He was arrested from Sambalpur on Monday.

He had allegedly raised money from depositors through various wings of his NGO. Despite an embargo imposed by the Reserve Bank of India (RBI) in June this year, the NGO Biswa continued collecting money from depositors for which the action was taken against the organisation.

With an arrest of Mallick, lots of questions are being raised on the clean governance of BJD after the key leaders like Pravat Tripathy and RC Hansda came under CBI scanner in connection with the mega chit fund scam in Odisha.

Crime Branch SIT starts probe into parcel bomb explosion case

Bhubaneswar: A day after Chief Minister Naveen Patnaik ordered a Crime Branch probe into the Patnagarh parcel bomb explosion in which a techie and his...

Cong, BJP continue protest tomato distress sale, House adjourned till 3 pm

Bhubaneswar: The Odisha Legislative Assembly was adjourned again till 3 pm on the 4th day of the ongoing Budget Session on Friday as Opposition Congre...

Odisha Asha workers to get Rs 2,000 assured remuneration

Bhubaneswar: The Odisha government on Thursday announced an assured monthly remuneration of Rs 2,000 for Asha workers in the state.More than 47,000 As...

Odisha Finance Minister to present annual Budget today

Bhubaneswar: Finance Minister Shashi Bhushan Behera will present Annual Budget for 2018-19 in the State Assembly today. The size of the Budget, to be ...