City

ED Raids Ex-Director Of Keshari Real Estate In Odisha

Bhubaneswar: Enforcement Directorate (ED) officials carried out raids at three locations belonging to former director of Keshari Estates Private Limited Akshaya Kumar Chaudhury in Odisha on Friday.

The places where raids are being carried out are Keshari Talkies office and his Suryanagar residence in Bhubaneswar and another location in Berhampur of Ganjam district, sources said.

It may be noted here that Chaudhury had been accused of cheating home-buyers of nearly Rs 5.16 crore between 2008 and 2019. After receiving complaints from duped investors, the economic offences wing (EOW) of the state Crime Branch had registered a case against the company on August 26, 2020,and arrested him on September 9, 2020.

The EOW during its investigation found that the company had taken money from 18 people to provide them homes in 30 duplex housing units in Pokhariput area of the capital city in 2008.  When the company did not start any construction till 2012, depositors enquired about the delay of the project and demanded refund of their money.

However, the company sought time and promised them to provide flats in Jadupur on the outskirts of city. In 2013, the company too failed to provide houses to the investors, the sources added.

OB Bureau

Recent Posts

Sex With Dead Body Horrendous Act, But Not Rape: Chhattisgarh High Court

Raipur: In a significant observation, the Chhattisgarh High Court has said that engaging in sexual intercourse…

14 minutes ago

HC Asks Odisha Govt To Fill Up Vacant Junior Teacher Posts Immediately

Cuttack: The Orissa High Court on Monday reportedly directed the state government to immediately fill…

17 minutes ago

40 Youths Stuck In Maldives On Job Promise Plead For Safe Return To Odisha

Bhubaneswar: Over 40 youths, lured to Maldives with promises of lucrative jobs in a private…

27 minutes ago

No Attempts To Intimidate British Citizens Would Be Accepted: UK Junior Min After Sikh Groups Allege Harassment By Indian Govt

London: After a number of Sikhs living in the UK alleged that they were being…

41 minutes ago

Will Elon Musk Be De Facto US President? Check Donald Trump’s Reaction

New York: Elon Musk has emerged as a key man in President-elect Donald Trump’s administration, which…

47 minutes ago

3 More Doppler Radars To Be Set Up In Odisha To Improve Forecasting

Bhubaneswar: In order to strengthen meteorological forecasting capabilities, steps are being taken to install three…

51 minutes ago

This website uses cookies.