EOW ARRESTS ANOTHER ABSCONDING DIRECTOR OF REAL ESTATE COMPANY M/s ODYSSA HOMES & COMMERCIALS PVT. LTD.IN THE MATTER OF CHEATING TO THE TUNE OF MORE THAN Rs.20 Crs.

Bureau,Odishabarta

Bhubaneswar:Economic Offences Wing, Bhubaneswar arrested accused, Manoj Kumar Panda one of the accused Directors of M/s Odyssa Home & Commercials Pvt. Ltd. a Real Estate company with the help of Andhra Pradesh Police on 01.10.2022 from Annavaram PS area of Kakinada District, Andhra Pradesh in EOW PS Case No.14 dated 23.08.2022 u/s 406/420/467/468/471/120 B IPC r.w. Sec. 6 of OPID Act, 2011. The arrested accused was produced before Judicial Magistrate of 1st Class Court of Prathipadu, East Godabari and was brought on transit remand to Bhubaneswar for his production before the jurisdictional court i.e. OPID Court, Cuttack.

The above referred case has been registered on the basis of the written allegation of Ranjan Kumar Mohapatra, an employee of TCS regarding cheating to him and many other investors to the tune of Rs.20 Crores by the Directors of M/s Odyssa Homes & Commercials Pvt. Ltd. on the pretext of providing them dispute free flats in its Apartment Project namely, ‘Ganapati Homes’ located in Sampur Mouza, Bhubaneswar near Kalinga Studio, in front of SOS Village. Details of this case hase already been given in our previous Press Note.

It was also found that other criminal cases have also been registered at different police stations against the Directors of M/s Odyssa Homes & Commercials Pvt. Ltd. The present accused Manoj Kumar Panda was heading all affairs of the company and has cheated so many investors in their different projects in the name of giving flats/lands.

Shri Aurobindo Santra, the MD of the company has already been arrested in the case earlier and now in judicial custody. LOC was issued against the present accused Manoj Kumar Panda by the Bureau of Immigration on the request of EOW, BBSR. Acting upon the intelligence input the EOW team was on the trail of the accused all the way from Vishakhapatnam to Annavaram in Kakinada District of Andhra Pradesh and finally became able to arrest the accused Manoj Kumar Panda from a hotel near Annavaram temple where he was hiding. The accused was frequently changing his location in every one or two days.

During investigation so many incriminating documents like agreements, money receipts etc. have been seized.Investigation of the case is continuing.