Saturday, December 9, 2023

CBI chargesheets former Odisha MLA Prabhat Biswal in connection with Seashore chit fund scam – N.F Times

Bhubaneswar: The Central Bureau of Investigation (CBI) today chargesheeted former Choudwar-Cuttack BJD MLA Prabhat Ranjan Biswal and his wife Laxmi Bilasini Biswal in connection with much-debated Seashore chit fund scam, after long nine years of probe.

According to an official source, the Central probe agency filed the obligatory documents with CBI Court-1 in Bhubaneswar over alleged money laundering under Sections 420, 120(B), 409, 467, 468 and 471.

Former legislator Biswal is allegedly involved in a dubious land deal with a man accused of Rs 500 crore chit fund scam. He was under CBI scanner as a deal took place between his wife Laxmi Bilasini and key accused Seashore Group CMD Prashant Dash over a piece of land in Jajpur district. Biswal was arrested on September 19, 2017 from his Cuttack residence.

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