Chit Fund Probe: Remand of Subhankar extended for 5 Days

Bhubaneswar, Nov 27: The special CBI court on Thursday extended the remand period of real estate broker Subhankar Nayak, who was arrested in connection with the chit fund scam, for another five days for further interrogation.

Nayak, who was the middleman of Seashore Group, was produced before the court here today after his nine-day remand ended.

He was arrested by the CBI for his alleged links with the chit fund firm Seashore Group on Nov 18 following a raid at his residence in Chandrama Apartment. The agency had seized few documents related to the chit fund firm showing his nexus with the Seashore CMD Prashant Dash, currently in jail.

He had allegedly had strong links in political and bureaucratic circles in the state.

HEADLINES Truck gets stuck after bridge collapses in Jharsuguda

Jharsuguda: The driver of a Hyva truck had a narrow escape as a bridge in Banjari Panchayat of Jharsuguda district collapsed on Saturday night when th...

Cots, Slings Still Only Option To Shift Patients To Hospital In Koraput

Koraput: Despite tall claims of Odisha government about its efforts to provide basic healthcare facilities to tribals living in remote locations, pati...

Man kills son, kills self in Bargah

Bhubaneswar: In a shocking incident, a man killed his own son and then committed suicide at Rayapada village under Atabira police station in Bargarh d...

Naveen gives away appointment letters to 145 OCS officers

Bhubaneswar: Chief Minister Naveen Patnaik on Saturday advised the newly-recruited Odisha Civil Service (OCS) officers to work with dedication to solv...