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

Odisha govt

Don’t panic, ready to tackle any situation: Odisha govt to people

38 mins ago
Pakistan violates ceasefire on LoC for fifth consecutive day, India responds strongly

Opposition questions ‘US-brokered’ ceasefire, seek special Parliament session

41 mins 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

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019

Archives

Editorial

Bureaucratic Flex

May 10, 2025

On May Day, while the rest of us were honouring workers of the world, the Haryana government quietly launched a...

Read more

German Challenge

Germany flag
May 7, 2025

With the assumption of office by Christian Democratic Union (CDU) leader Friedrich Merz as Chancellor of Germany 6 May, Europe’s...

Read more

(Anti)-Trump Card 

Donald Trump
May 6, 2025

First it was Canada, and now Australia and Singapore: the anti-Trump factor appears to be benefiting parties that are perceived...

Read more

Mandal-Kamandal 2.0

Caste census
May 5, 2025

The decision taken at a meeting of the Cabinet Committee on Political Affairs (CCPA), headed by Prime Minister Narendra Modi...

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

© 2024 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

© 2024 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

    © 2024 All rights Reserved by OrissaPOST