A court in Kolkata has rejected the interim bail plea of Trinamool Congress Rajya Sabha MP Srinjoy Bose, arrested by CBI in connection with the Saradha chit fund scam case, and remanded him to four days police custody
As Rose Valley resurfaces, Sudip Bandyopadhyay and Tapas Pal's arrests marks the end of the bonhomie between the TMC and BJP.
SBI Capital, Axis Capital, GMR Holdings, United Breweries, Alpic Finance (a Cipla group unit), Saradha Realty, United Bank of India and Trident India are among the prominent entities named in the list.
Trinamool Congress Rajya Sabha MP Kunal Ghosh on Sunday said West Bengal Chief Minister Mamata Banerjee and her party had no link with the chit fund company Saradha Group, which has closed shop failing to repay hundreds of depositors' money.
Lack of education and the absence of bank branches across huge swathes of the country puts more than half of India's population outside the formal banking sector.
The Rajya Sabha MP, who is also a spokesperson of West Bengal's ruling party, was asked to appear before a CBI team in the first week of August, officials said on Friday.
Earlier during the day, the agency carried out searches at two premises of Mishra in Kolkata in connection with the case but could not find him there
Saradha kingpin Sudipta Sen had alleged in his purported letter to the Central Bureau of Investigation that Kunal Ghosh and TMC Rajya Sabha member Srinjay Bose had blackmailed him, and he was forced to pay hefty amounts to them.
Small firms raising deposits in disguise of advances for unknown projects referred to as money market companies in common parlance.
'Mithun has showed Hindi cinema that a tall, dark man with a charming smile and a great physique can take the world on.'
With the Supreme Court ordering Kolkata Police Commissioner Rajeev Kumar to appear before the Central Bureau of Investigation, the agency will finally be able to question the top cop in cases arising out of the Saradha chit fund scam probe.
Accusing the BJP of trying to poach TMC MLAs by attempting to bribe them, Banerjee, without naming anyone, said some people are acting as fence-sitters who are under the illusion that the saffron party might come to power in the state.
CPI-M calls her bid 'desperate attempt to save herself'.
Arrested Trinamool Congress Member of Parliament Kunal Ghosh was involved in activities of the Saradha Group other than those commensurate with his position as the media CEO of the chit fund company as per fresh evidences that have emerged, the police said on Wednesday.
In a blow to the prestige of the saffron brigade, Bharatiya Janata Party's national vice president Mukul Roy along with son Subhranshu, rejoined the Trinamool Congress on Friday, with Bengal Chief Minister Mamata Banerjee and other leaders of the state's ruling party welcoming the prodigal back to the fold.
Draped in black shawls, Trinamool Congress MPs on Monday staged a protest outside Parliament House against the arrest of West Bengal minister Madan Mitra in the Saradha chit fund case, accusing the Centre of misusing the Central Bureau of Investigation.
ED had served summons to several English columnists and writers who had contributed in the Saradha group newspapers and also gone to foreign junkets.
The Amicus Curae in the PILs seeking a Central Bureau of Invstigation's probe into the chit fund scam on Tuesday told the Calcutta high court that there was no need for one at this stage and that the state investigation agency be allowed to continue its investigations.
While international players may get the same pay, domestic players may face a cut.
SC asks CBI to satisfy it that its request for seeking custodial interrogation of Kumar was bona fide and was in interest of justice.
The new Bill is a replacement of the Financial Establishments Bill, 2009, with added provisions relating to search, seizure and attachment of properties of such companies.
The West Bengal government is committed towards compensating the losses suffered by chit fund investors in the wake of the Saradha Group's collapse, Chief Minister Mamata Banerjee said on Thursday.
Suspended Trinamool Congress MP Kunal Ghosh, who was arrested on November 23 in connection with the Saradha Group chit fund scam, was today granted bail in the first among several cases lodged against him.
Central Bureau of Investigation officials on Tuesday interrogated West Bengal minister Madan Mitra at Alipore Correctional Home where he is lodged after his arrest in connection with the Saradha scam probe.
The source said that the directorate would also question the suppliers from which the company had purchased those equipment.
A large number of NRIs having origins in these states are understood to have been defrauded by many such companies, including the Saradha group.
Congress MP Adhir Choudhury has pegged the loss at Rs 17,000 crore.
Trinamool Congress on Tuesday protested in Lok Sabha against alleged misuse of Central Bureau of Investigation in the Saradha scam by wearing black bands on their mouth and staged a walkout.
Taking potshots at West Bengal Chief Minister Mamata Banerjee over the Saradha chit-fund scam and the Burdwan blast, Bharatiya Janata Party president Amit Shah on Sunday appealed to the people here to vote for change and development in the state.
According to official figures, only 30 per cent of the total population in Assam has bank accounts, reports K Anurag
The two central premier investigative agencies - Central Bureau of Investigation and Enforcement Directorate - have asked their officials to focus more on digital evidence, e-forums and social media to crack down on offenders. These are a crucial part of prosecution amid the second wave of the pandemic. The Income Tax Department is going full throttle on data analytics to issue notices in time-bound cases. Further, sleuths have been given electronic devices including laptops with secure connections, which keep data encrypted and inaccessible.
A day after about 1,200 media persons from Saradha Group media entities lost their jobs in West Bengal, the state government extended a helping hand. On Wednesday, government officials are set to meet these employees to try and find a resolution to the issue.
Somen Mitra, the one time pillar of the Trinamool Congress and now Congress candidate from Kolkata North constituency, can't help smiling. The SC's order directing the CBI to probe the Saradha scam is the fruit of his hard and lonely battle. On the day when 17 constituencies in the state go to polls, Mitra speaks to Rediff.com's Indrani Roy about the impact of the Saradha scam on the elections and his relationship with his former party chief.
West Bengal Chief Minister Mamata Banerjee on Friday vowed that she will not rest till money is repaid to the thousands defrauded allegedly by the Saradha Group and said that a new law was being brought to protect the interests of investors. "I am happy that a new law is coming. However, I will not be happy till we are able to return the money to investors," Banerjee said, adding that many poor people had invested in the Saradha Group.
Bharatiya Janata Party president Amit Shah, who is on two-day visit to West Bengal to address the party cadre said at a rally that party wants a huge victory in the 2016 assembly elections in Kolkata.
Banerjee said she was doing so after consulting leaders of major opposition parties and following 'a favourable court order'.
The top court will hear the probe agency's applications on Tuesday.
Amid huge cheers from supporters, Chakraborty, borrowing a dialogue from one of his films, said, "Ami joldhorao noi, bele borao noi... ami ekta cobra, ek chobol-ei chobi (Don't mistake me for a harmless snake, I am a cobra, can kill people in one bite)," he said.
According to the consumer affairs department, these chit funds are operating at a small level.
The Calcutta high court on Tuesday directed the Central Bureau of Investigation to file an affidavit by Thursday stating whether the central investigating agency had been handed over investigation by other states into the multi-crore chit fund scam that affected lakhs of investors.
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