Odisha

Chit Fund Scam: HC Breather For MP Rabindra Jena

By
OB Bureau

Cuttack: In a relief to BJD’s Balasore MP Rabindra Jena, the Orissa High Court on Tuesday granted him anticipatory bail in the multi-crore Seashore chit fund scam.

Earlier in March 2017, the court granted interim protection to him in this case.

The BJD MP had moved the court for anticipatory bail after his residence in Balasore and New Delhi were raided on January 12, 2017. He was also summoned by the CBI to depose before it the same day.

Jena reportedly failed to give a satisfactory reply to queries on Rs 18 crore transaction he had allegedly made with the Ponzi firm in 2011-12 through the company, Supratik Group.

According to CBI sources, the Balasore-based entrepreneur did not repay the loan amount, which amounted to conspiracy and embezzlement of public deposits.

 

OB Bureau

Recent Posts

Odisha Elections 2024: Varsha Replaces Amar As BJD Dumps Old Guards In New List Of Assembly Candidates

Bhubaneswar: In a surprise move, the ruling Biju Janata Dal (BJD) on Saturday dropped five…

April 20, 2024

AAP Alleges ‘Organs Damage, Slow Death’ Plot Against Arvind Kejriwal

New Delhi: Delhi Chief Minister Arvind Kejriwal is being pushed towards a slow death inside…

April 20, 2024

Youth Found Murdered Behind Temple In Odisha’s Boudh

Boudh: The body of a youth was found with his throat slit behind a temple…

April 20, 2024

Sugar CEO Vineeta Singh Reacts To Her Death Rumours Viral On Social Media, Mumbai Police Responds

New Delhi: Shark Tank judge and Chief Executive Officer (CEO) of Sugar Cosmetics Vineeta Singh…

April 20, 2024

Coordination Committee Meets On Preparation For Rath Yatra In Puri, Ropes For Pulling Chariots Arrive

Puri: The Ratha Yatra Coordination Committee held its first meeting to discuss the preparations for…

April 20, 2024

[Watch] Meet Lady Singham; She’s Your Favourite Actress

New Delhi: Filmmaker Rohit Shetty, on Friday, presented Deepika Padukone as Lady Singham. Shetty posted…

April 20, 2024

Junior Revenue Assistant In Odisha’s Angul Convicted In Bribery Case Dismissed From Service

Cuttack: Junior Revenue Assistant at the Collectorate in Odisha's Angul Pankajini Biswal was on Saturday…

April 20, 2024

Fashion Influencer Surbhi Jain Dies Of Ovarian Cancer At 30

New Delhi: Popular fashion and beauty influencer Surbhi Jain recently passed away after a prolonged…

April 20, 2024