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Land designer held for Rs 10 lakh land extortion in Bhubaneswar

December 21, 2015 | By

Police on today captured land engineer Ratikant Kanungo from Saheed Nagar here on charges of hoodwinking area purchasers of more than 10 lakh. Kanungo is CMD of Shibani Estates and Promoters Ltd.

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“He bamboozled more than 15 individuals. In spite of gathering cash from them, he didn’t give them land. While a body of evidence was enlisted against him in December a year ago, another was enrolled in June,” said a cop.

Police said Kanungo, who used to claim an Odia every day and at present runs a building school, was captured on same charges by the Saheed Nagar police on August 1, 2013. A few individuals had then stopped protestations, blaming him for hoodwinking them of 12 lakh. They as of late organized exhibition before Kanungos office.

On May 24, 2013, the CBI captured Kanungo regarding a multi-crore fake gold advance trick at Odisha Gramya Bank here. He alongside the previous branch chief of the bank’s Dumduma branch, Kalindi Charan Nayak, purportedly profited 13.22 crore credit by selling fake gold in the bank.

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