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Saradha Group Of Companies In Kolkata

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Saradha scam: Former Union minister Matang Sinh arrested, grilled

The Central Bureau of Investigation on Saturday arrested former Union Minister of State for Home Affairs Matang Sinh in connection with Saradha chit fund scam case, making him first former central......

Saradha scam: Ex-Kolkata police chief fails to appear before CBI

Former Kolkata police chief Rajeev Kumar on Monday failed to appear before the Central Bureau of Investigation, which had summoned him for questioning in connection with the Saradha chit fund......

SC issues notice to Ex-Kolkata top cop in Saradha case

The Supreme Court on Friday sought response from West Bengal cadre IPS officer Rajeev Kumar on Central Bureua of Investigation's appeal challenging the anticipatory bail granted to him in the......

Mithun surrenders Rs 1.2-cr received from Saradha to ED

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......

Saradha scam: ED summons Nalini Chidambaram

The Enforcement Directorate has summoned Nalini Chidambaram, wife of former finance minister P Chidamabram, in connection with its money laundering probe in the Saradha chit fund scam case.......

ED attaches Saradha Group assets

The Enforcement Directorate has attached the properties of Saradha Group of companies in West Bengal and Odisha worth Rs 35.4 crore (Rs 354 million). A statement issued by the directorate on......

Corp Affairs Ministry to probe Saradha group cos

The Corporate Affairs Ministry on Thursday decided to order a probe into the affairs of Saradha group companies, amid a growing controversy over alleged defrauding of investors by the Kolkata-based......

Saradha Group to face prosecution for running ponzi schemes

Completing its probe into 'chit fund scam' of 14 Saradha group firms, SFIO on Monday said these companies have been found to be running 'ponzi schemes' and would face prosecution for violation of......

Saradha ponzi scam: ED seizes Rs 140-cr property

Widening its probe into the multi-crore Saradha scam, the Enforcement Directorate has issued summons to numerous entities even as it has attached assets worth Rs 140 crore (Rs 1.4 billion) of......

SFIO probe report on Saradha, others soon: Minister

The Serious Fraud Investigation Office is likely to submit its probe report on alleged fraudulent money-collection schemes being run by 54 entities, including Kolkata-based Saradha group, in the......

Budget issues for Kolkata's football big guns

The two giants of Indian football, Mohun Bagan and East Bengal, are facing turbulent times. On the pitch, East Bengal finished a respectable third in the 2012-13 I-League season, while Mohun Bagan......

Why the once legendary football clubs of Kolkata are fading

Bogged down by inefficient administration and unable to attract financing, the once legendary football clubs of Kolkata are fading into irrelevance Odafe Okolie, right, trains with Jose Barreto,......

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