CBI officials probing the Odisha chit fund scam Monday arrested State Youth Congress president Rajat Choudhury, along with a former Enforcement Directorate lawyer, Debasish Panda, for their alleged involvement in the case.
CBI officials said Choudhary held power of attorney for a property belonging to the Artha Tatwa Group, allegedly a key player in the multi-crore scam. The property was later sold for Rs 94 lakh.
While Choudhury is also alleged to have taken money and a vehicle from Pradip Sethy, chief of Aartha Tatwa group and a key accused, the Youth Congress leader was under the CBI scanner for his suspicious role in the sale of two flats in Bhubaneswar worth over Rs 80 lakh.
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State Congress chief Prasad Harichandan said Choudhury had been suspended from the party following the arrest. Artha Tatwa is one of the 44 chit fund firms that are being probed by the CBI for duping unsuspecting investors of over Rs 200 crore.
CBI officials said Panda, a former ED lawyer and high court advocate, had allegedly signed as a witness in the sale deed of the house that former advocate general Ashok Mohanty purchased from Sethy.
Panda, also a former Additional Government Advocate (AGA), has been accused of criminal conspiracy, criminal breach of trust, cheating, forgery for the purpose of cheating, using as genuine a forged document and criminal intimidation.