Seashore scam: Odisha HC grants interim protection to Balasore MP

Odisha Sun Times Bureau
Cuttack, Mar 6:

The Orissa High Court today granted interim protection from arrest to BJD Balasore MP Rabindra Jena, who has been grilled by the Central Bureau of Investigation (CBI) over his alleged links with Seashore Group, a major player in the mega chit fund scam in the state.

The next hearing will be held after 3 weeks.

The parliamentarian had moved the High Court seeking anticipatory bail on January 13, a day after the Central investigating agency raided Jena’s houses in Balasore and Delhi.

Jena had earlier presented himself before the CBI on December 10 last year after being summoned and was questioned for around seven hours over his alleged links with the firm.

As per sources close to the MP, Jena headed the ‘Supratik’ group of companies, which had lent an amount of Rs 18 crores to the Seashore Group in 2010. Seashore had paid back the lion’s share of the money, but still owed Rs 1.86 crores to him, the sources said.

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