💨 Abstract

A special court in Odisha has ordered the release of Rs 450 crore worth funds attached by the Enforcement Directorate in the multi-state Rose Valley chit fund scam. The funds will be returned to the lawful investors, as per an order by the special PMLA court in Bhubaneswar. The Rose Valley group, led by its managing director Gautam Kundu, allegedly operated in multiple states.

Courtesy: theprint.in

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