HC rejects ex-AGA's advance bail plea

The Orissa High Court on Monday rejected the anticipatory bail application of advocate Debashis Panda, who was booked by the CBI in June 2014 for his alleged commission of offence under several sections of IPC and the Prize Chits and Money Circulation Scheme (Banning) Act of 1978.

Justice SK Mishra, who had reserved the verdict after completing hearing on the plea last year, pronounced the judgment on the day. With the rejection of the plea for the advance bail, the interim protection granted to Panda is also removed.

Panda, a former Additional Government Advocate (AGA) is accused of criminal conspiracy, criminal breach of trust, cheating, forgery for the purpose of cheating, using as genuine a forged document and criminal intimidation by the central agency, which is probing into chit fund scam in the State.