Ex-AG of Odisha quizzed by CBI in ponzi scheme scam

Image
Press Trust of India Bhubaneswar
Last Updated : Sep 13 2014 | 2:41 PM IST
Former Odisha Advocate General Ashok Mohanty was interrogated by CBI today, a day after his resignation was accepted by the government, in connection with the ponzi scheme scam.
Mohanty, who appeared at the CBI office here around noon, was quizzed for about 90 minutes regarding a house he had purchased in Cuttack from ponzi scheme company Artha Tatwa Group chairman-cum-managing director Pradip Sethy, CBI sources said.
Sethy has already been arrested.
Soon after his interrogation, Mohanty told reporters that he had provided all required information and clarifications regarding the house bought by him in CDA area of Cuttack in 2013 to CBI.
"When I purchased the house I was not aware that Sethy was an accused in the chit-fund scam. I had no knowledge about his background and activities. I explained to CBI officials about my position," he said.
Denying that he had got the house as a gift, Mohanty said he had made full payment of Rs one crore and one lakh for the property through bank cheques and had produced all the bank statements and documents in this regard before the CBI officials.
The former AG said he had no idea that Sethy had moved an application for anticipatory bail in Orissa High Court after being booked in some chit-fund cases.
Mohanty had submitted his resignation as AG about four months ago and it was accepted by the government yesterday.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 13 2014 | 2:41 PM IST

Next Story