Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Odisha chit fund scam: Only 1931 investors reimbursed from corpus fund

PNN & Agencies
Updated: July 13th, 2019, 11:30 IST
in Home News, Metro
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Bhubaneswar:  Six years after Justice MM Das commission started an inquiry into Odisha chit fund scam and a Rs 300 crore corpus fund was created to reimburse the victims; only 1931 small investors have so far been compensated, said a report submitted by Das commission.

The commission, which is probing the multi-crore chit fund scam in Odisha, submitted its seventh interim report to the state government Friday.

Also Read

Andhra bus fire

Andhra bus fire: owner, driver arrested after 14 deaths

3 hours ago
Rajnath Singh

Rajnath Singh alleges corruption, appeasement by LDF, UDF

3 hours ago

A total of 421 companies were involved in the seventh phase of inquiry. Till now, 1,931 investors have got back their money from the commission, Das said.

The commission has furnished the details of over one lakh small investors, who had invested less than Rs 10,000 in various chit fund companies.

The commission recommended the government to refund money to the small depositors duped by chit fund companies in the state.

“In the seventh interim report, as many as 1,36,027 small investors have been identified during the inquiry from January 2019 to May 2019. The Commission has recommended refunding money to these investors from the corpus fund,” said Justice Das.

The commission informed that a total of 4,97,844 small investors have been identified till date.

The government had formed the one-man commission July 9, 2013 to probe the chit fund scam and identify the investors.

(PNN & Agencies)

Tags: Chit Fund scamDas commissionMM Das Commissionsmall investors
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019

Archives

Editorial

Trump Trapped

Donald Trump
April 1, 2026

It is the fifth week running since US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu launched the war...

Read moreDetails

Not Forgetting Myanmar

March 31, 2026

While a big war is being waged in the Middle East, global attention has moved away from another theatre of...

Read moreDetails

Fuel Politics

Fuel Politics
March 30, 2026

Fuel has been a long-time great economic and political tool in the hands of the government in India. It enables...

Read moreDetails

Selective Outrage

Aakar Patel
March 29, 2026

Consider this thought experiment. Imagine that two large missiles struck the White House. The first hit the residential quarters at...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST