Bhubaneswar, March 10: The CBI's preliminary chargesheet against the Seashore Group in the deposit collection case has indicted broker Subhankar Naik of having links with police officers and bureaucrats.

Naik, the chargesheet says, used the links to protect the illegal acts of the company and its chief Prashant Dash.

The CBI arrested Naik after the agency had raided his house on November 18 last year. During the raid, the central agency had found several incriminating documents showing his close nexus with Prashant Dash and different senior police officers and bureaucrats of the state government, apart from cash of Rs 14,63,450 and two gold biscuits weighing 50 grams each.

The CBI had also seized some diaries containing the names of senior IPS officials and other bureaucrats.

"It has been established that the said hand writings are of Subhankar Naik and some of the facts mentioned in the documents have also been established to be true and correct. The above documents, coupled with evidence of witnesses, has revealed Naik as one of the co-conspirators, who had collected sizable amount from Prashant Dash to facilitate smooth functioning of the Seashore activities in the state," the chargesheet stated.

It also indicated Naik's nexus with Dash and other senior police officers, bureaucrats of the state government. "It was established that he (Naik) had a good link with senior police officers and bureaucrats, by using which he was extending protection to the illegal acts of Prashant Dash and the Seashore Group," the chargesheet states.

However, the preliminary chargesheet neither mentioned names of any political persons nor senior police officials and bureaucrats.

The central agency had previously questioned Rajya Sabha member and Odisha Jan Morcha chief Pyari Mohan Mohapatra and BJD's Cuttack-Choudwar MLA Pravat Biswal for their alleged links with the fraudulent company.

The investigating agency had also questioned two IPS officers - Rajesh Kumar and Satish Kumar Gajbhiye - in connection with the money laundering scam by the company.

Though the company allegedly swindled around Rs 1,200 crore from thousands of investors, the prelimi-nary chargesheet mentioned the fraud worth Rs 578.2 crore.

The 276-page charge-sheet with 456 witnesses and list of the seized documents was submitted to the court of special chief judicial magistrate, CBI, on March 7.