Odisha chit fund scam: Seashore chief on 14-day CBI remand

  |   11 November, 2014   |   1030   |   3980

Bhubaneswar, Nov 10 (IANS) A special CBI court in Odisha Monday allowed the CBI to take Prashant Dash, chairman and managing director (CMD) of Seashore Group, on a 14-day remand to probe the multi-thousand-crore-rupee chit fund scam in the state.



While the Central Bureau of Investigation (CBI) had sought a 15-day remand, the court allowed only 14 days, said a CBI official.



Earlier, the Enforcement Directorate (ED) had taken Dash on 14-day remand for interrogation on the money trail. The ED had presented him in the Khordha district sessions court after the remand period ended Monday.