CBI COURT CONVICTED DURGA PRASAD MISHRA, CMD OF MICRO FINANCE LTD. IN CHIT FUND CASE :

The Special Central Bureau of Investigation (CBI) Court  convicted former CMD of chit fund firm Micro Finance Ltd (MFL) Durga Prasad Mishra.Earlier, Mishra had pleaded guilty before the Court in writing to the charges levelled against him.  The Court is likely to pronounce Mishra’s sentence on 18th. July.  Mishra was arrested by the CBI in December, 2014. The CBI has charged MFL of duping depositors of around Rs 400 crore by floating six companies. He is currently lodged in the Jharpada Special Jail here.  The Odisha Sun Times Bureau ; 14th. July,17

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