Bhubaneswar, Dec 02: In an ongoing investigation into mega chit fund scam in Odisha, the CBI on Tuesday filed the first chargesheet in the case against Green India Private Limited.
The CBI in the 188-page chargesheet has named three top executives of the company. They were charged under various sections of the IPC and under section 456 of the Prize Chit and Money Circulation (Banning) Scheme Act, 1978.
Chief Executive Officer (CEO) Pradeep Singh and directors Sunil Panda and Jitendra Mishra were charged under sections 420 (cheating), 120 B (criminal conspiracy), 409 and 509 of the IPC, CBI sources said.
The central agency has charged the company with defraudiing the public of at least Rs 30 crore through its four subsidiaries: Green India Properties Pvt Ltd, Green India Infra Projects Pvt Ltd, Green India Retail Pvt Ltd and Green India Multi-state Cooperative Pvt Ltd.
The chargesheet was filed in the special CBI court just a day before the deadline. It names nearly 300 persons as witnesses in the case.
However, this is the preliminary chargesheet. The supplementary chargesheet would be filed later after the investigation.
Meanwhile, the district and sessions court here completed hearing on the bail plea of Banki MLA Pravat Tripathy and reserved the verdict for December 8. The suspended BJD leader was arrested for his alleged links with Artha Tatwa (AT) Group, a chit fund firm that has duped thousands in the state.
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