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BJD lawmaker’s wife receives huge amount from chit-fund companies: CBI

NEW DELHI: The Central Bureau of Investigation has arrested an MLA of Odisha in an on-going investigation of a Chit Fund case. CBI arrests Biju Janata Dal Lawmaker in Odisha Chit Fund Scam ‘Investigation revealed that the said accused had allegedly received huge amount into the account of his wife from the CMD of private…

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Honey trap used for chit-fund promotion, derailing investigation

By Subash Mohapatra BHUBANESWAR: It seems Odisha bureaucrats fell into honey trap as the chit-fund operators managed to get success in their dirty businesses in the State by looting lakhs of poor people. The role of two former Chief Secretaries of Odisha for the promotion of chit fund is likely to be investigated by Central…

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