Chit Fund Scam: ED Special Director, CBI DIG in Odisha Capital

Bhubaneswar, Nov 19: The chit fund accused in Odisha will face a tough time during the ongoing investigations by the central probing agencies as ED special director Yogesh Gupta and the DIG of the CBI Special Investigation Team (SIT) D Bagchi arrived here this morning to decide next course of action to end the probe.

The SIT DIG, who arrived here from Kolkata, is going through the documents seized during the raids conducted by CBI on Tuesday at the residences of some important people including Pyari Mohapatra, two retired IAS officers and former commissioner of the Cuttack Municipal Corporation (CMC) in 22 places including Mumbai, Delhi and Bhubaneswar.

Both the ED and CBI have been proved as hammer for the chit fund accused, who have been behind bars and for those who are still out of their reach.

The ED will go through the list of people to be served notices for interrogation regarding the funds fraudulently collected by the chit fund firms including Seashore group and given to the influential people including politicians.

Already Rajaya Sabha MP Pyari Mohan Mohapatra has been questioned by ED for his alleged links with Seashore company. The Odisha Jan Morcha chief, who is former BJD leader, is in CBI net in this connection.

The central agency CBI during the raid at his house in Bhubaneswar has seized some documents that will give some vital clues to his alleged links with Seashore CMD and his firm.

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