Seashore chit fund scam: CBI searches BJD MLA residence
(WorldNews India)

The CBI Friday conducted searches at seven places, including BJD legislator Debi Prasad Mishra`s official residence, in connection with the Rs 578-crore Seashore chit fund scam. Simultaneous searches were carried out at the residences of former tourism director Rabi Narayan Nanda, businessman Prasanata Kumar Patnaik and Mishra’s brother Bishnu Mishra in Bhubaneswar and Cuttack. Mishra, who has tested positive for Covid-19, is in home isolation. The case relates to Seashore group, which was awarded a contract to set up a boating project in the Mahanadi and a restaurant near Cuttack, despite the Central Economic Intelligence Bureau raising concerns about the company in 2011. When...