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.
Completing its over a-year-long probe into Saradha scam, the Serious Fraud Investigation Office (SFIO) has submitted its final investigation report to the government, which may soon start prosecution proceedings for numerous serious violations found during investigations.
Former Trinamool Congress MP Kunal Ghosh also appeared before the probe agency in Meghalaya.
Investigation into the Saradha chit fund scam has so far not revealed any terror link with Bangladesh, the government said on Wednesday, days after the Bharatiya Janata Party had alleged such a connection.
CBI sources said Bose was interrogated for more than three hours.
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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Two banks accounts were placed under attachment by Enforcement Directorate sometime back.
Copies of the bill, to be moved by Finance Minister Amit Mitra tomorrow for consideration and passage, were circulated among members on the first day of a two-day special session of the Assembly on Monday.
The Enforcement Directorate (ED) on Thursday issued summonses to two Trinamool Congress leaders, including MP and popular Bengali actor Dev, for questioning in connection with its probes into money laundering cases, an official said.
A special CBI team had been searching for Kumar, who is now the additional director general of police in the criminal investigation department, across various locations in Kolkata.
The Parliamentary Standing Committee on Finance, chaired by BJP leader and former Finance Minister Yashwant Sinha, which met on Friday to discuss the chit fund scam, was of the view that there should be a 'single law and a single regulator' to deal with investment schemes, sources said.
In a written reply, Minister of State for Personnel Jitendra Singh said three cases in West Bengal and one case in Odisha have been registered by CBI.
A special task force of the SFIO recently submitted an interim report to the Corporate Affairs Ministry in this regard.
The bench said this is not an appropriate case for custodial interrogation of the petitioner.
Naseer Khan, the blind actor and co-producer of Shadow, was arrested for his alleged involvement in a multi-crore chit fund scam in Balasore district.
SC asks CBI to satisfy it that its request for seeking custodial interrogation of Kumar was bona fide and was in interest of justice.
He is the first former central minister to be apprehended by the agency in the case
Imran, a Rajya Sabha MP, reached the agency's office in Salt Lake here and will be questioned about his connections with the defunct group owned by jailed Saradha Chairman Sudipta Sen.
West Bengal Chief Minister Mamata Banerjee on Friday attacked Trinamool Congress' arrested Member of Parliament Kunal Ghosh for criticizing her over Saradha chit fund scam, saying his remarks were aimed at "saving" himself.
The three points on which clarifications are sought include widening of powers of special designated courts and that no court could grant anticipatory bail and a suggestion by the Centre for adding a new provision for compounding offences.
'She is worried that the small fry have been caught, soon the big fish too will be caught.'
Probing the high-profile Saradha chit fund scam of West Bengal, the serious fraud investigation office on grilled the suspended Trinamool Congress MP Kunal Ghosh for over eight hours here and further questioning is expected next week.
According to official figures, only 30 per cent of the total population in Assam has bank accounts, reports K Anurag
The particular matter with Nalini pertains to the legal fee paid to her by the Saradha group.
ED had arrested group chairman Gautam Kundu on March 25.
The cop, who is alleged to have suppressed crucial evidences required for preparing the final CBI chargesheet in the scam, has been evading the probe agency's summons to appear before it and his whereabouts are not known.
The investigative agency plans to file a second chargesheet, naming more perpetrators in the Saradha scam.
The ED had registered an ECIR (Enforcement Case Information Report) in the matter under the Prevention of Money Laundering Act.
Nalini Chidamabaram, wife of former Finance Minister P Chidambaram, has been examined by CBI in conection with the alleged multi-crore Saradha chit fund scam.
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.
Initially reluctant to involve the CBI in the investigation on the ground that the central agency had not been able to make any headway into the Nandigram and Netai killings, Chief Minister Mamata Banerjee later changed her stance, saying that the government was not averse to it.
'I have tutored my family and myself to fight hunger,' the former agent for the disgraced Saradha chit fund says, his eyes welling up. 96 of the 107 cases referred to the Serious Fraud Investigation Office are based in Bengal!
Football in West Bengal may not be the same again in the aftermath of the Saradha chit fund scam which has left thousands of investors in disarray and could mean a drying up of funds for clubs.
Recollecting some stories that have taken our great country a step-forward in 2013:
In the wake of ponzi schemes and chit fund scams, Reserve Bank Governor D Subbarao on Wednesday said there is a need to review the regulations governing these sectors and increase surveillance on such entities.
The Bharatiya Janata Party's unit in West Bengal on Friday shot off a letter to activist Anna Hazare, questioning his support for Mamata Banerjee, and contested the 'clean' image of her government.
In further trouble for the chit fund scam-hit Saradha group of Kolkata, the Enforcement Directorate has registered a money laundering case to probe the allegations of financial irregularities by numerous depositors against it.
Even as the crackdown on Saradha Group involved in the chit fund scam continues, Krishak Mukti Sangram Samity, a leading NGO in Assam, on Thursday staged a mass demonstration in front of the deputy commissioner's office in Guwahati.
Questioning whether "New India" can be ever run by this "kleptocrat's club", Jaitley said those who have lent support to the West Bengal dharna are those who are battling serious allegations of economic improprieties
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