State

ED takes Pradeep Sethy on 10-Day Remand in Chit Fund Scam

Bhubaneswar, Jan 06: The Enforcement Directorate (ED) on Tuesday was allowed to take Pradeep Sethy, the CMD of Artha Tatwa (AT) Group, a major player in the mega chit fund scam in Odisha, on a 10-day remand.

The Khordha district and sessions court allowed the ED to take Sethy on remand to interrogate him in connection with the multi-crore scam in the state.

Earlier, the ED had appealed to the court seeking his remand on Dec 19. But, the hearing was postponed on that day.

Sethy would likely be questioned on the money collected by his company from lakhs of investors in the state.

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