Ponzi scam: Special CBI Court grants 2-day bail to MP Ramchandra Hansdah


Bhubaneswar: Mayurbhanj MP Ramchandra Hansdah who was arrested for duping investors in the ponzi firm along with five other accused, was granted bail for 2 days by the Special CJM (CBI) court in order to cast his vote for the Vice Presidential Election.

Earlier in 2014, Hansdah along with former legislators Hitesh Bagarti and Subarna Nayak were arrested in connection with their links in Nabadiganta chit fund firm. At present he is serving the jail term at Jharpada jail as under trial prisoner. As of now he is in Delhi to cast his vote for the Vice Presidential Election and is supposed to appear before the court on 7th of this month.

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