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Chit fund scam victims in 17 districts of Odisha yet to receive compensation

Seventeen districts in Odisha have failed to ensure timely disbursement of compensation to small investors affected by the chit fund scam.

A recent State Government report on the distribution of financial aid to ponzi scam victims reveals that 935 small depositors are yet to receive their money.

Of the total 5,685 small depositors identified by the Commission of Inquiry in its first and second reports, 4,728 have been compensated.

Seventeen districts in Odisha have failed to ensure timely disbursement of compensation to small investors affected by the chit fund scam.

A recent State Government report on the distribution of financial aid to ponzi scam victims reveals that 935 small depositors in Balasore, Gajam, Cuttack, Jagatsinghpur, Nayagar, Dhenkanal, Khurda, Mayurbhanj, Jajpur, Kendrapara, Bhadrak, Kalahandi, Koraput, Sambalpur, Keonjhar and Bargarh districts are yet to receive their money.

Of the total 5,685 small depositors identified by the Commission of Inquiry in its first and second reports, 4,728 have been compensated. However, 371 investors in Ganjam, 116 in Balasore, 90 in Nayagarh and 376 in the remaining districts are yet to receive any compensation.