Bhubaneswar, September 19 (LocalWire): The CBI on Thursday arrested former Odisha Cricket Association (OCA) secretary Ashirbad Behera for his alleged nexus with a chit fund company that is accused of siphoning investor money in the state.
Behera, an influential cricket administrator, was arrested early morning today from his Cuttack residence under relevant sections of Indian Penal Code and Prize Chits and Money Circulation Schemes (Banning) Act, 1978 Act.
The premier investigating agency had earlier found prima facie evidence against Behera and filed charge sheet against him, a CBI official said.
A hotelier Kamalakanta Das has also been taken into custody for entering into a criminal conspiracy with the ponzi firm Artha Tatwa (AT) in looting the investors’ money.
Both Behera and Das would be later produced before Bhubaneswar CBI court today, the official said.
The Orissa Cricket Association (OCA) through its the then secretary (Behera) had entered into a criminal conspiracy with AT Group to promote the chit fund firm to build its credibility, thereby increasing more people to invest in its various schemes, the official stated.
The OCA, according to the charge sheet, had been paid Rs one crore by the AT group for sponsorship of the Odisha Ranjit Cricket Team and title sponsorship of Odisha Premier League 2011.