CBI arrests BJD leader Pravat Ranjan Biswal in Odisha chit fund scam
He is the second BJD leader who has been arrested in connection with chit fund scam in Odisha since 2014.
Biswal, who is an MLA from Cuttack-Choudhar in Odisha, has been arrested following the questioning by the CBI in connection with the multi-crore land deal on Monday night.
Earlier, Biswal, along with his wife Laxmibilasini, who is a former Cuttack Zilla Parashad chief, were quizzed several times in connection with the case.
The land, which belongs to chit fund company Seashore Group of Companies, was registered in the name of Biswal's wife Laxmibilasini in 2012 at a consideration amount of Rs. 25 lakhs.
The CBI was investigating the source of such a huge money.
In 2014, another BJD MLA, Prabhat Kumar Tripathy, was arrested in connection with another chit fund scam.
However, Tripathy, is on bail now.
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