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.
The Enforcement Directorate on Wednesday night arrested the wife and son of the alleged kingpin of the multi-crore Saradha chit fund scam accused Sudipta Sen in a money laundering case.
A special task force of the SFIO recently submitted an interim report to the Corporate Affairs Ministry in this regard.
He is the first former central minister to be apprehended by the agency in the case
Rahul Gandhi accuses Mamata Banerjee of not directly fighting the BJP, alleging that this indirect approach benefits the ruling party. He also criticised her government's performance on job creation and handling of corruption.
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The Central Bureau of Investigation on Saturday conducted searches at 56 places, including the premises of Biju Janata Dal MLA Pravata Tripathy and owner of a local newspaper in Odisha, in connection with the multi-crore Saradha chit fund scam.
Kumar sought seven days time, citing personal reasons, to appear before CBI officers in connection with the case.
The central agency had prayed for 10 days custody of the accused, but the court granted a week.
The Howrah Lok Sabha by-election to be held in the shadow of Saradha chitfund scam will be a test case for the Mamata Banerjee government's popularity and for the Congress and the Communist Party of India-Marxist to gauge their standing in West Bengal prior to the 2014 general election.
Congress leader Rahul Gandhi criticised the BJP and RSS for undermining the Constitution and accused the TMC of failing to deliver on job creation promises during rallies in West Bengal.
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Two banks accounts were placed under attachment by Enforcement Directorate sometime back.
The Enforcement Directorate questioned Trinamool Congress MP and actor Mithun Chakraborty in connection with the multi-crore Saradha chit fund scam.
Trinamool Congress Rajya Sabha MP Srinjoy Bose was on Friday arrested by the Central Bureau of Investigation after a marathon interrogation for five hours for his alleged involvement in the multi-crore Saradha chit fund scam.
Congress leader Rahul Gandhi criticised the BJP and RSS for undermining the Constitution and accused the TMC of failing to provide jobs in West Bengal during recent rallies.
Moving ahead in the multi-crore Saradha chit funds scam case, the Enforcement Directorate (ED) on Wednesday attached assets, including a school, a cement factory and few resorts, worth Rs 60 crore (Rs 600 million) in West Bengal in connection with its money laundering probe.
The agency was probing aspects like criminal conspiracy, misappropriation of funds and criminal breach of trust in the Saradha episode.
The former union minister has been remanded to custody for 5 days.
The alleged chit fund scam in West Bengal involving the Saradha Group revolves around a total sum of Rs 2,460 crore with 80 per cent of the depositors' monies still remaining unpaid, a latest investigation report has revealed.
About 17 lakh investors, mostly in West Bengal, who have lost crores of rupees in the Saradha chit fund scam are fast losing hope. The scandal continues to roil West Bengal political circles with several ruling Trinamool Congress leaders being implicated and some arrested. Even West Bengal Chief Minister Mamata Banerjee's name has been dragged into the sordid mess. Indrani Roy presents a FAQ on what the scam is about and the main players behind it.
Launching a blistering attack against the Centre, West Bengal Chief Minister Mamata Banerjee termed state Transport Minister Madan Mitra's arrest as "political vendetta" and "dirty conspiracy" by the BJP and dared the NDA government to arrest her.
A SFIO probe into Saradha scam and 'chit fund' operations of 62 other entities has found serious financial mismanagement and siphoning off the funds by their promoters, who took advantage of regulatory gaps.
Trinamool Congress's slogan of 'Satatar Pratik' (symbol of honesty) has been challenged by BJP's slogan, 'Gali, gali mein shor hai, Mamata Banerjee chor hai'.
Why did the West Bengal government ignore warnings about the Saradha group, long before the chit-fund scam surfaced? Indrani Roy/Rediff.com reports on how retired police officer Nazrul Islam blew the whistle on the shady dealings of the Saradha group, and how no one heeded him then.
The central probe agency has also issued a notice asking general public 'to furnish information and particulars of properties, both movable and immovable as well as bank accounts, in the state of West Bengal and other places, if any, related to Saradha group known to them, with specific details' to it.
As a multi-agency probe continues in Saradha scam, findings of one official investigation suggests that the group floated at least 279 companies to channelise money collected from gullible investors as part of a vast 'ponzi' network.
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.
Sudipta Sen threatens to disclose involvement of politicians in the chit-fund scam
The quizmaster-turned-parliamentarian was interrogated for about two hours on some financial transactions in bank accounts related to the TMC mouthpiece 'Jago Bangla'.
CBI is also probing a criminal conspiracy angle of the Saradha scam.
ED, which has been probing the alleged financial irregularities and cheating by Saradha group of companies, has also detected that a high interest rate of 18 per cent was assured to investors if they invested in the groups' schemes for a period of 3-5 years, the probe report said.
Official sources said a team of sleuths from the agency searched the flat located in Greater Kailash area yesterday in connection with their money laundering probe in the multi-crore chitfund scam.
CBI sources told PTI that the investigating team went to Presidency Correctional Home and questioned Ghosh under Section 161 of CrPC (examination of witnesses by police).
Central Bureau of Investigation on Wednesday registered a record number of 46 cases in a day in connection with its probe in the Rs 10,000-crore Saradha chit fund scam naming Trinamool Congress' sitting Rajya Sabha MP Kunal Ghosh as one of the accused.
While international players may get the same pay, domestic players may face a cut.
ED had attached properties in the states of West Bengal, Assam and Odhisha.
Trinamool Congress MP and actor Mithun Chakraborty on Tuesday surrendered to Enforcement Directorate an amount of about Rs 1.2 crore that he had received from scam-hit Saradha group of companies for being its brand ambassador.
West Bengal Chief Minister Mamata Banerjee could be staring at troubled times ahead as the Saradha scam trail seemingly leads up to her doorstep.
It is intriguing that the CBI has shown little interest in the most scandalous and biggest collective investment scheme ever, from the Sahara group, asserts Debashis Basu.
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.
