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

Dense fog in Delhi-NCR affects over 160 flights, delays 50 trains

Delhi’s records ‘very poor’ AQI; MeT issues ‘orange’ alert for dense fog Monday

4 hours ago
UNNAO PROTEST

Unnao rape victim, family protest at Jantar Mantar

4 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

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019

Archives

Editorial

Silent Complicity

December 28, 2025

By Aakar Patel Intent has an ally in apathy. Intent seeks to take ground; apathy will kindly adjust. Intent is...

Read moreDetails

Beyond Transfer Raj

Power of Continuity
December 27, 2025

The Centre’s recent directive to states regarding the transfer of IAS, IPS, and IFS officers pertains not only to administrative...

Read moreDetails

Half A Loaf

European leaders
December 24, 2025

European leaders did what they are known to be good at – a brand of diplomacy aimed at antagonizing neither...

Read moreDetails

Far-Right Chile

Jose Antonio Kast
December 23, 2025

Far-Right politics has claimed yet another South American country – Chile - with the recent victory of the ultraconservative lawyer,...

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