Bhubaneswar: As directed by the Special Vigilance Court, a three-member team of the Serious Fraud Investigation Office (SFIO) on Monday began interrogating the Chief of Seashore Group Chief Prashant Das, his brother-cum-co-director Pravat along with middleman Subhankar Nayak in Jharpada Special Jail here on Monday
The SFIO officers interrogated the accused in connection with the alleged irregularities committed by the group’s companies for violation of the Company Act.
As per sources, the SFIO has been directed to complete the interrogation of the accused and submit its report within a month.
SFIO counsel Gyanaloka Mohanty has said that the Ministry of Corporate Affairs through a special notification has asked the SFIO to mainly investigate the frauds committed by the Seashore in violation of the Companies Act.
SFIO is a specialised wing under the Union Ministry of Corporate Affairs to deal with such cases.
Earlier, the SFIO had earlier interrogated chit fund firm Artha Tatwa (AT) Group chief Pradeep Sethy and four others at the Jharpada jail.