The Enforcement Directorate, probing the multi-crore Saradha ponzi scam, might explore legal options as painter Shuvoprasanna continued to skip appearing before the department's officials despite being served with summons. The ED had sent summons to the painter, considered close to ruling Trinamool Congress in West Bengal, for the second time to seek clarification on the ...Read More

Kolkata, Nov 19: The special crime branch of the Central Bureau of Investigation, probing the Saradha chit fund scam, has served summons on West Bengal Transport Minister Madan Mitra and Trinamool Congress (TMC) Rajya Sabha MP Srinjoy Bose to appear before the agency for questioning.

A top CBI source told PTI that Mitra has been served summons by...Read More

NEW DELHI/BHUBANESWAR: Probing the multi-crore rupees ponzi scam, CBI on Tuesday carried out searches at 18 places in four cities including the residences of RajyaSabha MP PyarimohanMohapatra, two retired IAS officers of Odisha, and offices of some industrialists and CMD of Seashore Group of companies. CBI's probe into the scam may cause embarrassment for the...Read More

BHUBANESWAR: The CBI Tuesday conducted raids at 22 places in Odisha in connection with the Seashore Group's chit fund scam affecting thousands of depositors in the state.

The raids were conducted at 16 locations in Bhubaneswar, including Rajya Sabha member Pyarimohan Mohapatra's house. Also, four places in Cuttack and one each at Titlagar...Read More

Bhubaneswar: BJP to corner Odisha BJD Government on chit fund scam, mining scam, land scam in winter session of assembly.  In the Legislature party meeting held at the BJP office here on Wednesday, party MLAs and senior leaders prepared a blueprint of sensitive issues which would be raised in the Assembly to take on the Government.

BJP State...Read More

Bhubaneswar: The CBI has kept its probe going on into the mega chit fund scam in Odisha. Pradeep Dash, son of Seashore CMD Prashant Dash, appeared before CBI on Wednesday for second time for questioning. Trainer of the company Tanuja Mohanty and two agents also appeared before the CBI. All of them, along with Prashant Dash, were interrogated by investigating offi...Read More

With several leaders of the ruling Biju Janata Dal arrested by the CBI in the chit fund scam, the Naveen Patnaik Government is likely to face the wrath of the Opposition like never before in the winter session of the Odisha Assembly scheduled to begin here on Thursday.

Despite having 117 legislators in the 147-member House, the BJD is likely to find itself in one...Read More

Two days after conducting raids on 18 places in Orissa and outside including Rajya Sabha MP and chief minister Naveen Patnaik’s former political guru Pyari Mohan Mohapatra, CBI this evening raided the premises of senior journalist Lalit Pattajoshi over his links with chit fund firm Seashore.   CBI officials reached the government quarter of Pattajoshi, a consul...Read More

Bhubaneswar: Odisha Finance Minister Pradip Kumar Amat today said the state is keeping aside Rs 300 crore towards a corpus fund for protecting interest of depositors in the supplementary budget for 2014-15.   "As announced by the government and after the approval of the AG, we have made provision of Rs 300 crore for the ...Read More

CBI officials on Thursday conducted raids at various Saradha group's properties located in Kolkata.   The investigation is being carried out at Saradha Gardens in the Bishnupur area of South 24 Parganas district from where the company started its business some seven years ago as well as the Saradha property in the Behala area of Kolkata, CNN IBN reported today. ...Read More