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Seashore scam: CBI arrests retired administrative officer

Seashore scam: CBI arrests retired administrative officer

Bhubaneswar, 11/10/2017 ( Odisha Samachar / Abhisek Mohanty )- : The Central Bureau of Investigation (CBI) on Wednesday arrested retired Odisha Administrative Services (OAS) officer Pradeep Kumar Hota in connection with the Seashore Group chit fund scam.

Hota was arrested from his residence located at CDA Sector-6 in Cuttack under charges of extending undue favours to the Seashore Group during his tenure.

Soon after his arrest, he was admitted to SCB Medical College and Hospital here for treatment.

Hota was the Managing Director of Agricultural Promotion and Investment Corporation of Odisha Limited (APICOL) from 2008 to 2011-the period for which he is alleged to have committed the offence.

The Seashore Group had allegedly transferred Rs 19.70 lakh to Hota’s joint account.

Odiaguru.com : Developping Odia News websites

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