BHUBANESWAR: The Enforcement Directorate (ED) on Thursday secured a 10-day remand of Sharadha Group chief Sudipto Sen and Uliburu Mining scam main accused Deepak Gupta.
After hearing the arguments of counsels for ED as well as that of the two accused, the Khurda District and Sessions Judge Dr DP Choudhury granted remand in favour of the enforcement agency.
Both Sen and Gupta are currently lodged at Special Jail, Bhubaneswar since last Thursday when the court had sent them to judicial custody. The two will be handed over to ED on Friday morning.
The ED had registered a case under Prevention of Money Laundering (PML) Act against the two to investigate the money trail in the respective cases. While Sen is accused in chit fund scam in the State, Gupta is facing charges in the mining scam.
Special prosecutors Debashish Panda and Suraj Mohanty argued for the ED whereas Lalit Mishra and Swadesh Rath, counsels for the accused, objected to the remand plea of the central enforcement agency and sought bail which was eventually turned down by the court.