Post News Network
Bhubaneswar, Dec 15: The CBI took Durga Prasad Mishra, former managing director (MD) of Microfinance Limited, on a six-day remand with the permission of the special CBI court Monday. The CBI had sought a seven-day remand of Mishra, who was arrested Sunday.
CBI counsel Kali Charan Mishra moved the remand petition in the special CBI court here this afternoon. Mishra’s counsel, on the other hand, pleaded for bail on health grounds.
Mishra was brought to Bhubaneswar Sunday late evening after he was arrested in Balasore and taken to Capital Hospital here for a medical checkup. He was again taken to Capital Hospital Monday. At the hospital, Mishra said Microfinance was not a chit fund company. “We operated as per RBI guidelines,” he said.
“We have been in this business for 30 years now. How can things change overnight?” Mishra said, indicating there was a conspiracy against the company. He however declined to elaborate when asked who was conspiring against the company. “You know very well who,” was all the former MD said, adding that he had never absconded.
Meanwhile, Mishra’s son Kali Prasad appeared before the CBI Monday. He was grilled for nearly an hour by CBI sleuths. “Our lawyer will tell you whatever you want to know,” Kali Prasad said to the media.
Meanwhile, the CBI is set to file the chargesheet against Nabadiganta Capital Service very soon, sources in the central probe agency said.
As part of its ongoing investigation into the chit fund scam, the CBI had arrested Mayurbhanj MP Ram Chandra Hansda and former MLAs Hitesh Bagartti and Subarna Nayak. Cash worth Rs 28 lakh and some incriminating documents were seized in the raid at Hansda’s Rairangpur residence. After several rounds of questioning, the CBI finally arrested the trio November 5.
The agency had also arrested Nabadiganta CMD Anjan Baliarsingh and directors Pradip Patnaik and Kartikeya Parida. The arrested are now lodged at Jharpada jail in Bhubaneswar.
