Seashore Scam: CBI raids Journalist's Residence in BBSR

Bhubaneswar, Nov 20: In a big development in an ongoing probe into chit fund scam in Odisha, the CBI on Thursday raided the house of a senior journalist for his alleged link with Seashore group.

The raid was conducted in two places simultaneously - Surjya Nagar and Nayapalli - in the state capital this evening, following the interrogation of accused Shubhankar Nayak, who was arrested on Nov 18.

Shubhankar Nayak is believed to be a middleman of Seashore group, the chit fund firm that has duped thousands of people in the state.

He was grilled for the second day today by CBI to get vital information from him that would help them to nab others involved in the multi-crore scam.