STOCK MARKET BSE NSE

Pyari for CBI probe into chit fund scam

Published: 05th August 2013 09:45 AM  |   Last Updated: 05th August 2013 09:45 AM   |  A+A-

Rajya Sabha member and president of Odisha Jana Morcha Pyari Mohan Mohapatra on Saturday reiterated his demand for a CBI probe into the multi-crore chit fund scam.

Taking strong exception to ongoing investigation by different wings of the State police, Mohapatra told reporters that the chit fund scam has inter-state ramification. The State police do not have the expertise to probe into economic offence of such a magnitude. The case should be handed over to CBI for an  impartial inquiry, he said.

While lakhs of poor depositors of the state are crying for refund of their deposits in the ponzi firms, the State Government has handed over the case to multiple agencies which are not competent to probe into a financial scam involving thousands of crores.

The Government is trying to protect the scamsters which is evident from its affidavit filed in the Supreme Court. While media reports point at involvement of large number of ruling party members in the scam, the Government affidavit is silent on the issue.

Recently, the Jan Morcha chief accused Chief Minister Naveen Patnaik of protecting controversial Artha Tatwa (AT) Group chief Pradeep Sethy. He had also alleged that the Chief Minister was getting benefits from Sethy through party MLA from Gopalpur Pradeep Panigrahi, who is said to have close links with Sethy.

Sethy belongs to Hinjili, the Assembly constituency of the Chief Minister.

Stay up to date on all the latest Odisha news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp