#Odisha  #Congress  #Chit Fund  #BJD
  Friday July 11 , 2014  
Crime Branch seals Hi-Tech Group’s corporate office at Saheed Nagar


ORB May 25, 2013

Related Tags: #
Corporate office of Hi-Tech Group at Saheed Nagar in Bhubaneswar

Bhubaneswar: Crime Branch sleuths on Saturday sealed the corporate office of Hi-Tech Group here at Saheed Nagar, nearly five months after the arrest of its disgraced Chairman Tirupati Panigrahi and two other directors of his firm, in cases related to land fraud.

Crime Branch sealed the corporate office in a bid to provide some relief to investors with the new financial law which is expected to get Presidential nod in near future. The law will help authorities to liquidate the assets of such companies following confiscation and pay back the investors’ money to some extent, official sources said.

Crime Branch sleuths had arrested the trio on December 25, 2012 on allegation of land fraud alleged and reported by some of its customers. Following the arrest, thousands of customers came out with similar allegations against the Group on charges of fraud. High Court had rejected the bail plea of the trio on April 4, in five separate cases related to land fraud.

The investigating agency had frozen 147 bank accounts of Hi-Tech Group. “We have received as many as 1400 complaints against Panigrahi for reportedly misappropriation of around Rs 350 crore,” Crime Branch DIG Rajesh Kumar said on Saturday.

Tirupati’s Group owns real estate firms, two private medical colleges and several professional educational institutes all under the umbrella of Hi-Tech Group in different locations of Odisha.

Tags: #

Leave a Reply


  • Our Popular Columnists

    Issues of children, youth and disabled
    Dr JP DAS
    Child development disorders and therapy
    Urban and civic issues
    I speak for water
    Film review
    Wildlife and Environment
    View from her balcony
    A ringside view
    Read more
  • canada pharmacy generic femara buy tizan in uk where can i buy rapamune prednisolone granules in uk more best price simvastatin information about zocor on line piracetam buy bupropion sr buy enalapril no prescription more buy levitra online caverta sales buy iressa in singapore cost for doxycycline more enalapril 5 mg for 25 generic for baclofen buy discount amitriptyline modafinil cheap baclofen 20mg buy iressa in india doxycycline 100mg stendra generic information about piracetam nootropic buy amisulpride online gleevec cost at caremart order modalert in india buying voltaren in canada bupropion hcl xl 300 mail order lipitor viread 300 mg bupropion available uk azithromycin 500 mg buy cheapest urimax azithromycin overnight purchase armodafinil pharmacy amlodipine india gleevec buy caverta by ranbaxy online in usa doxycycline cheapest buy omeprazole 20mg apcalis canada xenical 120 mg wholesale accutane buy bupropion xl information bactrim ds 800 160 tab metronidazole over the counter generic form of zocor info about enalapril flagyl 400mg diflucan cheap