Rose Valley Chief Sent to EOW Custody

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Rose Valley Chief Sent to EOW Custody

 

Report;Bureau,Odishabartta

Bhubaneswar: A Special Designated Court in Balasore, established under the Odisha Protection of Interest of Depositors Act, on Wednesday allowed the Economic Offences Wing (EOW) to take Rose Valley Group of Companies chairman Gautam Kundu on four-day fresh remand for further interrogation.

 

EOW sleuths produced Kudu in the today after completion of his four-day remand. The probe agency seeks to elicit details about the ponzi firm’s investor base in the State so that refund to the investors can be expedited.

 

So far, attachment proposal for bank balance to the tune of Rs 78.18 crore, two high value flats and land measuring 14.31 acres have been approved by the designated court at Cuttack.

 

 

 

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2018-02-22 19:57