CBI conducts searches in four cities

Update: 2010-09-15 00:00 GMT

NEW DELHI, Nov 18 � Probing the multi-crore-rupee ponzi scam, the CBI today carried out searches in four cities including at the residence of a Rajya Sabha MP in connection with its probe into the Seashore Group�s alleged chit fund scam, reports PTI.

The places searched by the CBI included residence of Pyarimohan Mohapatra, a sitting Rajya Sabha MP from Odhisa, in Delhi and Bhubaneswar and two retired IAS officers from the state, official sources said.

In Bhubaneswar, Mohapatra told reporters, �I welcome the CBI�s search at my residence. They (CBI team) searched my residence this morning and have taken away some documents including my bank passbook, property records, party documents and others.�

Asked why the searches were conducted, he said, �There was no mention of the reason on the search warrant given to me. Ask CBI people why they searched my house.�

Claiming that he had no link with any ponzi scheme companies, Mohapatra said he would like to cooperate with the CBI to unearth the truth.

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