Chaini Parwani
Published On: December 22, 2021 at 11:59 IST
The Orissa High Court stated that Economic Offences are a threat a Country’s economy at large.
A Single Judge Bench of Justice SK Panigrahi stated that economic Offences are but another endeavour to fulfil an individual’s avarice over the interest of society and are perpetrated at the cost of the interest of the common man.
The observation came in light while rejecting former Banki MLA Pravat Tripathy’s Plea praying quashing of the proceedings pending against him before the Court of Special Chief Judicial Magistrate (CBI), Bhubaneswar.
Tripathy pleaded quashing of the proceedings, alleging he has been falsely involved for having received a kickback worth Rs 42 lakh from Chief of AT Group Pradeep Sethy, the main Accused as quid pro quo for supporting him to conduct his unlawful business/operations.
Further Justice Panigrahi noted “Consequently, it becomes imperative that the matter be subjected to the rigour of thorough Trial in respect of the alleged offences to meet the ends of justice. Without a Trial, it is not possible to fathom or proper to hold whether or not the allegations made against the Petitioner are made out or not.”
