Odisha govt orders attachment of Saradha Group’s properties

Last Updated: Tuesday, December 3, 2013 - 20:05

Zee Media Bureau

Bhubaneswar: The Odisha Finance Department on November 30 passed an ad-interim order attaching the assets (movable and immovable) of Saradha Group.

Saradha Group is accused of defrauding investors of Rs 20,000 crores in a mega chit fund scam.

The order was issued under Orissa Protection of Interests of Depositors Act 2013.

Over 14 acres of land in prime locations in Odisha and Rs 2,740 crore of the group in IDBI account in Balasore district have been attached by the order.



First Published: Tuesday, December 3, 2013 - 20:05

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