Chit fund scam: BJD MP Rabindra Jena gets interim protection from High Court

Highlights

• HC grants interim protection from CBI arrest to Balasore MP
• Next hearing will be held after 3 weeks

Cuttack: The Orissa High Court on Monday granted interim protection from arrest to BJD’s Balasore MP Rabindra Jena, who has been quizzed by the Central Bureau of Investigation (CBI) over his alleged involvement with chit fund firm Seashore Group.

The next hearing will be held after 3 weeks.

Apprehending arrest by CBI, Jena had moved the High Court seeking anticipatory bail on January 13, a day after the Central investigating agency raided Jena’s houses in Balasore and Delhi.

The BJD MP was grilled by the central investigating agency on December 10 last year.

As per sources close to the MP, Jena headed the ‘Supratik’ group of companies, which had lent an amount of Rs 18 crores to the Seashore Group in 2010. Seashore had paid back the lion’s share of the money, but still owed Rs 1.86 crores to him, the sources said.