In the wake of the arrest of Sahara India chief Subrata Roy, the Odisha Government is now busy collecting information on any alleged dubious real estate business the company may have transacted in the State.
Sources in the State Finance Department said the Economic Offences Wing (EOW) of the State Crime Branch police has been asked to find out if there have been any such transactions by Sahara. Sahara, it may be noted, has three real estate projects in Odisha — Sahara City Homes and Sahara City Homes-Grace in Bhubaneswar and Sahara City Homes in Brahmapur.
The Odisha Government’s probe into the affairs of Sahara comes after the Securities and Exchange Board of India (SEBI) wrote to several State Governments, including Odisha, to furnish details of properties worth Rs 5 crore or more transferred by the Sahara Group concerns between April 1, 2008 and December 31, 2013.