A CBI official said that the arrests were made “on allegations of criminal conspiracy, cheating and diversion of funds”
The Central Bureau of Investigation (CBI) arrested Ramchandra Hansdah, a Biju Janata Dal (BJD) member of Parliament; Hitesh Kumar Bagarti, ex-MLA from the Bharatiya Janata Party; and Subarna Naik, ex-MLA from the BJD. The arrests were made in connection with the Nabadiganta group case, one of several chit fund scam cases in Odisha. A CBI official said that the three were arrested “on allegations of criminal conspiracy, cheating and diversion of funds”.
CBI officials familiar with the matter told journalists that the three leaders were former directors of Nabadiganta Capital Services Ltd, a ponzi group. CBI has been probing the activities of 44 ponzi companies in the state which allegedly duped thousands of investors of their money.
A few days back, the central agency had arrested BJD MLA Pravat Tripathy for his alleged involvement in the Artha Tatwa Group case in Odisha.
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