CBI files supp charge-sheet in AT case, raids another firm

CBI today filed a supplementary charge-sheet against three persons, including a DSP rank officer of the Odisha Police, for their alleged links with Artha Tatwa Group, a ponzi company under scanner of the investigating agency.
During the day, the CBI also conducted raids at nine locations in West Bengal and one location in Odisha in the residential premises of directors of the Kolkata-based Royal International Shares.
A case was earlier registered against the company on the orders of the Supreme Court on allegation of criminal conspiracy, cheating and criminal breach of trust, a CBI source said.
In Artha Tatwa case, the supplementary charge-sheet has been filed against accused Jagaabndhu Panda and Manoj Kumar Pattnayak, both directors of the company, besides DSP Pramod Kumar Panda for commission of offences under section 120-B, 420, 406 and 409 of the IPC and section 4,5,6 of Prize Chits and Money Circulation Scheme (banning) Act, the source said, adding, investigation into the matter is on.

Panda was suspended from service after being arrested by the CBI.
Earlier, in its first charge-sheet, the CBI on December 11 last year had named 16 persons and seven companies. The accused persons were ex-advocate general Ashok Mohanty, suspended BJD MLA Pravat Tripathy, AT CMD Pradip Kumar Sethi and others.
The agency sleuths also raided the house of Sudhir Behera, a former director of the company, at Choudwar in Cuttack district.
Behera was managing the company's financial transactions in Odisha. Some incriminating documents were seized from his house, said the sources.