Chit Fund Scam: BJD MLA Pravat Tripathy Arrested by CBI, Suspended from Party

  |   01 November, 2014   |   646   |   3980

BHUBANESWAR: In a major embarrassment to the scam-tainted Naveen Patnaik Government, Biju Janata Dal (BJD)’s Banki MLA Pravat Tripathy was arrested by the Central Bureau of Investigation (CBI) for his alleged links with Artha Tatwa (AT) Group in the multi-hundred crore chit fund scam.



Tripathy, who became the first ruling party leader to be formally charged and held in the Ponzi scam, has immediately been suspended from the party.



Chief Information Officer of the probe agency Kanchan Prasad told this paper over phone that Tripathy is accused of receiving huge sums of money from the AT Group apart from criminal conspiracy in the deposits scam.