Bhubaneswar, July 29: Yesterday, the Special Chief Judicial Magistrate (CJM) court permitted the CBI to take Soubhagya Samal, managing director of Midas Touch Group of Companies, and his wife Nirupama Samal, Director of the company on a four-day remand period for interrogation relating to the multi-crore chit fund scam.
Earlier, CBI with support of the state police on June 26 had arrested the couple from Gotri in Vadodara district in Gujarat. The couple had escaped since the registration of the case by the Odisha Police in 2013 while the Special CBI Court of Bhubaneswar had issued a non-bailable warrant against them, by taking over the case in 2014 and filed a charge-sheet on April 17, 2015.
A First Information Report (FIR) against Soubhagya, his wife and two sister concerns of the Midas Group of Companies, Touch Realtech Limited and Midas Touch Assets and Securities Limited, had been registered by the CBI. Action was also taken for nine others for allegedly cheating on investors for Rs 16.88 crore. All the culprits were charged under criminal conspiracy, cheating, criminal misappropriation of property of the Indian Penal Code (IPC) and sections under Prize Chits and Money Circulation Scheme (Banning) Act.
