The Khordha District and Sessions Court on Tuesday allowed the Enforcement Directorate (ED) to take chit fund firm Artha Tatwa (AT) Group chief Pradeep Kumar Sethy on a 10-day remand.
The ED had sought to take Sethy on a 14-day remand to interrogate him in connection with the multi-crore chit fund scam in the State on December 19. The court had postponed the hearing in the matter then. The ED wants to question Sethy on the money trail and track down the crores of rupees his company had collected from lakhs of investors, sources said. The ED, which is inquiring into the money trail, would seek information from Sethy on the investments made by his company in and outside the State and identify influential persons who facilitated the fraudulent operations of the AT Group. The findings of ED are expected to help CBI gather hard evidences and arrest those influential persons, the sources added.