The Economic Offence Wing (EOW) of the Odisha Crime Branch has arrested BJD leader Raja Chakra in connection with a multi-crore transportation scam.
The arrest follows the Orissa High Court’s rejection of his bail plea, along with the bail applications of his four associates.
The investigation revealed large-scale irregularities in the mining and loading of iron ore, with allegations of overcharging and profit-sharing among key shareholders. The scam, estimated to involve around Rs 500 crores, has drawn significant political and public attention.
Raja Chakra, also known as Soumyashankar Chakra, and his associates were implicated in financial misappropriations related to the Gandhamardan mine in Keonjhar district. The EOW conducted extensive raids and interrogations, uncovering discrepancies in labor costs, employment provident fund deductions, and peripheral development expenses.
The ongoing investigations have intensified, with the EOW and Special Task Force (STF) conducting searches at multiple locations linked to Raja Chakra. The case continues to unfold as authorities delve deeper into the financial irregularities and corruption allegations.