Balasore, Mar 14: A session court Friday remanded Raja Chakra,an accused in multi-crore scam connected to Gandhamardhan Loading Agency & Transporting Co-operative Society Ltd, to a judicial custody till March 19.

Earlier in the day, the Economic Office Wing (EOW) of Odisha Crime Branch produced Soumya Sankar Chakra alias Raja Chakra before OPID court in Balasore district.

The EOW of the Crime Branch had earlier in February 2025 registered a case based on a complaint of alleged irregularity in the functioning of Gandhamardan Loading Agency and a transporting cooperative society limited and misappropriation of funds of the cooperative society in the mineral-rich Keonjhar district.

During the investigation, it was found that the loading agency had earned around Rs 185 crore from 2017-18 to March 24.

The investigation also revealed that the cooperative society president and secretary, namely Manas Barik and Utkal Das, with the help of some other local influential persons had defrauded huge sums.

Beside, Rs 34 crore was taken in the name of peripheral development, but no work was done.

⁠The investigation also revealed that about Rs 33 crore were distributed to local villagers who are supposed to be members of cooperative society.

read more Odisha News