Bhubaneswar: The Central Bureau of Investigation (CBI) has filed charge sheet against three directors of a Kolkata based company Silicon Project Pvt Ltd in the court of Special CJM, CBI, Bhubaneswar in connection with an ongoing chit fund case.
The probing agency has submitted a 70 page charge sheet against the three directors. Further investigation will continue under 173 (8) of Cr.P.C. to examine larger conspiracy & money trail.
The three directors identified to be Siba Narayan Das, Jugal Gupta and Tushar Jena have been under judicial custody since August 5 this year after they were arrested on charges of fraudulently inducing investors to put in money for high returns by false and fabricated advertisements and subsequently misappropriating it.
They have been booked under cases of U/s 120-B r/w 409 & 420 of IPC & U/s 4 ,5 & 6 of Prize Chits and Money Circulation Schemes (Banning) Act, 1978.
An instant case was registered against the company and its directors in 2014 after the Supreme Court passed an order to examine the financial irregularities and misappropriation by the company.