Chit fund scam: Court rejects bail plea of suspended BJD MLA: A local court on Monday rejected the bail plea of suspended BJD MLA Pravat Tripathy, arrested by CBI on charge of having link with Artha Tatwa Group CMD Pradip Sethy an alleged key player in the multi-crore chit fund scam in Odisha. District and Sessions Judge, Khurda, D P Choudhury refused bail for Tripathy who represents Banki segment in the assembly. Tripathys bail petition on Novemver 13 was rejected by the Chief Judicial Magistrates Court, the designated court to undertake trial of CBI cases. The court had completed hearing on Tripathys bail plea on December 2 and kept its verdict reserved till Monday. Though Tripathys counsel had, during the December 2 hearing, pleaded bail on health grounds, the CBI counsel had argued against it claiming that the MLAs release from jail could led to tampering with evidence. Tripathy was arrested on September 30 for his alleged links with the AT Group and has been charged with having illegal monetary transactions with the AT Group and criminal conspiracy. ReportIndiaPTIundefinedLocal courtBhubaneswarAssemblyHealthChit fund scamMonday, 8 December 2014 - 11:45pm dnai.in/cu7Q1 dnaindia/india/report-chit-fund-scam-court-rejects-bail-plea-of-suspended-bjd-mla-2042286
Posted on: Mon, 08 Dec 2014 18:26:16 +0000
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