AT chit fund scam: Five get conditional bail


Bhubaneswar: Orissa High Court on Friday granted conditional bail to five persons arrested in connection with one of the biggest chit fund scams of the state by Artha Tatwa group. Those who got the bail include television channel owner Manoj Das, newspaper owner Bikash Swain, builder Vineet Lalani and AT group director Sambit Khuntia and Manoj Patnaik.

The above were arrested by CBI in September, 2014 under charges of misappropriation of funds linked with the AT Multi-purpose Co-operative Society Ltd. after which they were jailed. The application for bail by all five was rejected several times by lower Courts and the Orissa High Court. However, they have been granted bail this time on the condition of co-operating with police during investigation and various other conditions.

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