Archive · 20 Aug 2026
ED Arrests Odisha Businessman in Financial Irregularities Case
The Enforcement Directorate arrested businessman Ratikanta Rout in Bhubaneswar.
Officials said the arrest relates to a financial irregularities case opened in 2020.
Rout works in the stone quarry and crusher business in Dhenkanal.
He was arrested while being questioned at the ED office.
The case is connected to allegations involving a former ED officer.
The CBI had arrested Chintan Raghuvanshi and a middleman in that matter.
The CBI alleges that Rout paid Rs 20 lakh.
It also says the officer had allegedly demanded Rs 2 crore to help Rout in the case.
The Enforcement Directorate arrested businessman Ratikanta Rout in Bhubaneswar on Thursday, officials said.
Rout was arrested during questioning at the ED office in connection with a case registered in 2020.
Rout, a Kalarahanga resident, is involved in the stone quarry and crusher business in Dhenkanal.
The arrest follows a bribery case involving former Odisha ED deputy director Chintan Raghuvanshi.
The CBI alleges Raghuvanshi accepted a Rs 20 lakh bribe from Rout after allegedly demanding Rs 2 crore for relief in the case.
- Who
- The Enforcement Directorate arrested businessman Ratikanta Rout; the case also involves former ED deputy director Chintan Raghuvanshi.
- What
- Rout was arrested in connection with a pending financial irregularities case registered by the ED in 2020.
- When
- Thursday, August 20; the article does not specify the year.
- Where
- At the Enforcement Directorate office in Bhubaneswar, Odisha.
- Why
- Officials said the arrest was linked to the pending financial irregularities case against Rout.
- Arrested person
- Ratikanta Rout
- Investigating agency
- Enforcement Directorate (ED)
- Case registration
- The ED registered the case in 2020.
- Business
- Stone quarry and crusher operations in Dhenkanal
- Alleged bribe
- The CBI alleges that Rout paid Rs 20 lakh.
- Alleged demand
- The former ED officer allegedly demanded Rs 2 crore.
- Former officer
- Chintan Raghuvanshi, then deputy director of the ED in Odisha