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CBI quizzes Odisha CM's aides in chit fund scam

BHUBANESWAR: In what could snowball into a big embarrassment for Naveen Patnaik and the ruling BJD, the CBI on Saturday summoned and interrogated a key member of the chief minister's personal staff in connection with the Seashore Group chit fund scam. Saroj Kumar Sahoo (36), often described as Naveen's man Friday, was called to the
Subhankar Nayak Pyari Mohan Mohapatra Naveen Patnaik Saroj Kumar Sahoo Seashore Group Kumar Sahoo

Court orders Odisha govt to confiscate seized properties of Seashore Group

the Odisha government to confiscate the seized properties of Seashore Group of Companies. "The amount generated through public auction of the confiscated properties should be equitably distributed among all the investors, who have been duped by the company", the court dealing with cases related to Odisha Protection of Interest of Depositors (Financial Establishments) Act, said on Thursday. The attached properties include land plots measuring nearly 222 acres, gold ornaments weighing 1.386 kg...
Supreme Court Seashore Group Of Companies Seashore Company Orissa High Court Seashore Group Odisha Protection

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