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CBI grills OREDA official, raids chit fund director's

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Press Trust of India Bhubaneswar
As part of its ongoing probe into ponzi scam, the CBI today grilled Deputy Director of Odisha Renewable Energy Development Agency (OREDA) Ashok Choudhury and raided the residence of D P Mishra, the Managing Director of Micro Finance Limited in Patia here.

"They asked me questions relating to Seashore Group. OREDA had no MoU with Seashore. However, they were working on a solar energy project," Choudhury said later.

In another development, a CBI team searched Mishra's residence, House No 11 in Aryabhumi Apartments in Patia for about two hours and seized some documents.

The Economic Offences Wing (EOW) of the Crime Branch, which was probing the chit fund scam before the CBI took over the case on the orders of the Supreme Court, had earlier raided the offices of the company at various places.
 

The company had allegedly duped hundreds of investors.

Micro Finance Limited was one of the 44 ponzi companies under the scanner of the CBI.

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First Published: Dec 08 2014 | 9:45 PM IST

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