Mohanty was arrested from his Cuttack residence in connection with a land deal he had done with AT group chief Pradip Sethy
The CBI (Central Bureau of Investigation) arrested former Advocate General Ashok Mohanty in connection with the chit fund scam case and took him on two day remand after producing him in the special chief judicial magistrate court. The CBI counsel had sought a three-day remand while Mohanty’s counsel had moved a bail petition.
Earlier during the day, Mohanty was arrested from his Cuttack residence in connection with a land deal he had done with AT (Artha Tatwa) group chief Pradip Sethy. He was brought to the CBI office and questioned before being taken for medical examination and later to the court. Mohanty was questioned on his purchase of a house in Cuttack from Sethy for Rs1.01 crore in 2013.
It may be recalled that the former Odisha Advocate General had resigned from his position earlier this month and had also been questioned without arrest by the CBI. The central probe agency had grilled him for nearly three hours over the procuring property from Pradeep Sethy, CMD of dodgy Artha Tatwa Group.
The AT Group chief had uttered Mohanty’s name during questioning by CBI officials. He had confessed that Mohanty had availed a palatial building in Cuttack free of cost.
However, Mohanty’s arrest evoked sharp dissent from lawyers as well as administrative circles in Odisha.
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
Fiercely independent and pro-consumer information on personal finance.
1-year online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
Complete access to Moneylife archives since inception ( till the date of your subscription )
