CBI registers fresh case in ponzi scam

The CBI on Thursday registered a fresh case against an Odisha-based company in connection with its probe in the ponzi-scheme scam, also known as Saradha scam.

New Delhi: The CBI on Thursday registered a fresh case against an Odisha-based company in connection with its probe in the ponzi-scheme scam, also known as Saradha scam.

A case of cheating has been registered against Bhubaneshwar-based Nabadiganta Capital Service Limited which is one the the 44 companies mentioned in the Supreme Court order directing the agency to probe the scam, CBI sources said.

Five of its directors, including Anjan Kumar Baliyarsingh, Kartikeya Parida, Pradeep Kumar Pattnaik, Bijay Baral and Hemant Sahu have also been named in the FIR against the company, the sources said.

On May 9, Supreme Court had directed CBI to probe the multi-crore chit fund scam in West Bengal, Odisha and Assam in which various companies, including Saradha, were allegedly involved.
The agency has registered three FIRs in West Bengal whereas over 40 FIRs have been registered in Odisha.

The court had passed the order on PILs seeking a stop to the entire chit funds business in the country and also a restraint on further collection of funds from investors as an immediate remedial step.
The petitioners had said they have no faith in the police authorities. They had alleged that the proceedings initiated by state governments appeared to be "biased and prejudiced" and sought a CBI probe into the multi-crore scams.

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