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Bhubaneswar, May 22: The Economic Offences Wing (EOW) of the state’s Crime Branch (CB) Friday arrested another executive director of chit fund firm Vista Management Services Ltd, which has reportedly swindled funds to the tune of Rs 50 crore.
CB officials said they apprehended Manoj Patnaik of Bolangir district in connection with the case.
Sources said Patnaik used to collect deposits from the investors in Bolangir district during his tenure as executive director of Vista Management. His arrest comes a day after Bijay Swain, an executive director of Vista Management, was apprehended.
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