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Home Co-op News Snippets

Charge-sheet implicates co-op leader in Odisha

Parasnath by Parasnath
December 22, 2014
in Co-op News Snippets
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The BJD govt is in for trouble because some of the prominent members of the ruling party seem to be involved in the multi-crore chit fund scam.

This is evident from the charge-sheet filed by the CBI against the Artha Tatwa group presided over by Pradeep Sethy. As per the CBI charge-sheet, one BJD leader is supposed to have taken a bribe of Rs. 40 lakh to help Mr. Sethy in his illegal activities.

Masquerading as a cooperative, the Sethy group did nothing that was evenly remotely connected to the cooperative movement. Money laundering was the only preoccupation of the group, the charge-sheet says.

Sources say many political leaders and cooperative officials are charged with helping Sethy win the ” best cooperator award ”. Obviously, Mr. Sethy used the award to legitimize his illegal activities, sources add.

Tags: Artha TatwaBJDcbiCharge sheetcooperativesPradeep Sethy
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