New Delhi/Bhubaneswar, Feb 6: The Supreme Court has rejected the bail petition of Seashore CMD Prashant Das’ brother Prabhat Das – a director in the chit fund company — while directing the Central Bureau of Investigation (CBI) to complete the probe related to Prabhat by the end of May. Prabhat was arrested by the Central probe agency in January last year for his alleged involvement in swindling funds to the tune of Rs 3 crore.
He has been charged with criminal conspiracy and financial misappropriation.
