Odisha MP Prasanna Acharya endorses illegally run pharma business

BHUBANESWAR: The Central Bureau of Investigation confirmed BJD leader Prasanna Acharya’s link with Chitfund company Green Ray International Limited. Mr Acharya, currently a Rajya Sabha Member of Parliament from Biu Janta Dal and former health minister, had endorsed Green Ray International Limited (GRIL)’s pharma business which was running illegally.  

The CBI, probing the Rs 1000-crore Green Ray International Limited (GRIL) chit fund scam, on Sunday said the firm was running a pharmaceutical business illegally. The central investigating agency has sought some documents from the state health department to find out the credentials of the firm.

It is pertinent to note that senior BJD leader and present Rajya Sabha MP and former health minister Prasanna Acharya had inaugurated the Green Ray Pharmaceutical Manufacturing unit in Balasore in 2011.

The CBI said though the firm had earlier obtained a license from the directorate of drugs controller, it did not renew the same after some years.

“We have come to know that the company CMD Mir Sahiruddin did not possess valid documents to operate the pharmaceutical unit in which he invested around Rs 80 crore. We also suspect he was engaged in manufacturing of spurious drugs, mostly sedatives,” a CBI official told.

The probe agency kept mum on whether the directorate of drugs controller took any action against Green Ray. The drugs controller officers too could not recollect any punitive action taken against the company.

“The CBI has seized documents related to Green Ray’s financial dealings with some pharma companies in Maharashtra, West Bengal and Chhattisgarh. We are examining the credentials of those companies as well,” the official said.

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