Odisha Chit Fund Scam: MM Das Commission’s Tenure Extended
Bhubaneswar: Odisha government on Saturday extended the tenure of Justice MM Das Commission which is probing the multi-crore chit fund scam by six more months. This was informed by the Home Department on its Twitter.
State Government extends the tenure of the Commission of Inquiry on Unauthorised Collection of Public Deposits for a further period of six months beyond 4th February, 2019. Link https://t.co/Y4YtAtxfOJ
— homeodisha (@homeodisha) February 2, 2019
Justice MM Das Commission’s tenure was slated to end on February 4, 2019.
It is worthwhile to mention here that the Odisha government had appointed the MM Das Commission in July 2013 to investigate the chit fund scam in the state.
Notably, the Commission, which has already submitted five interim reports, has identified lakhs of small investors who had invested less than Rs 10,000 in the chit fund companies. Besides, it has recommended refund of money to the duped investors.