17 October 2017
Cuttack: The Central Bureau of Investigation (CBI) on Tuesday (October 17) submitted case diary and status report in Orissa High Court on its ongoing probe into the multi-crore chit fund scam and arrest of BJD MLA Prabhat Biswal while the court posted the next date of hearing on November 3.
After being denied bail from the Special CBI Court in Bhubaneswar as well as the Khurda District Court, the Choudwar-Cuttack MLA has moved the High Court for bail.
The BJD MLA has been arrested for his alleged link with the blacklisted Seashore Group and is now in judicial custody since his arrest in the early part of last month.
The Seashore Group has duped crores of rupees from the investors across the State and its chief and his other associates are languishing in jail since 2012.