Odisha Seashore chit fund scam: CBI arrests BJD MLA Prabhat Biswal - News Summed Up

Odisha Seashore chit fund scam: CBI arrests BJD MLA Prabhat Biswal


Highlights 1 CBI arrests BJD MLA Prabhat Biswal. The Central Bureau of Investigation (CBI) has arrested ruling Biju Janata Dal (BJD) MLA Prabhat Biswal in connection with the Rs 500 crore Seashore Group chit fund scam. Biswal and his wife were quizzed by the CBI in November last year over a land deal with Seashore Group chief Prashant Dash. They had sold a land to the Seashore Group for a hefty amount and could not explain the details of the illegal transactions to the CBI. The agency has already filed charge sheet against CMD of the Seashore Group of companies Prashant Kumar Dash and others.


Source: India Today September 19, 2017 03:17 UTC



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