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CBI gets nine-day remand of former AT director

Updated: December 12th, 2014, 06:58 IST
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Bhubaneswar, Dec 12: CBI sleuths Friday took former director of Artha Tatwa (AT) Group on a nine-day remand.
A special Central Bureau of Investigation (CBI) court had Thursday allowed the Central agency to take Jagabandhu Panda on remand.
The remand plea filed by senior counsel KC Mishra had sought a 14-day remand of Panda for interrogation in connection with the dubious dealings of the company.
Notably, the Commissionerate Police had arrested Panda May 28 last year in connection with the Rs 500-crore financial scam perpetrated by the company.
Panda, who had joined AT Group in 2008, had allegedly embezzled nearly `100 crore from the company before floating another money circulation company named ‘Swastik India’ along with some former AT Group employees in 2011.

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