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
Former West Bengal DGP Rajat Majumdar was on Tuesday arrested by the CBI for his alleged involvement in the multi-crore Saradha chit fund scam.
A preliminary report on the investigations is likely to be submitted soon by SFIO, but the final report may take little longer, Corporate Affairs Minister Sachin Pilot 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.
He is the first former central minister to be apprehended by the agency in the case
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.
The central agency had prayed for 10 days custody of the accused, but the court granted a week.
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.
The Enforcement Directorate questioned Trinamool Congress MP and actor Mithun Chakraborty in connection with the multi-crore Saradha chit fund scam.
The agency has also called former Trinamool Congress Rajya Sabha MP Kunal Ghosh to Shillong on February 10.
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.
In a letter the Central Bureau of Investigation dated April 6, West Bengal's chit fund scam accused and Saradha Group promoter Sudipta Sen has accused Trinamool Congress Members of Parliament Kunal Ghosh and Srinjoy Bose of blackmailing him for huge sums of money.
The CA insitute had asked the SFIO numerous times for details against the auditor, but it has not been furnished till now
ED had served summons to several English columnists and writers who had contributed in the Saradha group newspapers and also gone to foreign junkets.
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 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.
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Two banks accounts were placed under attachment by Enforcement Directorate sometime back.
The owner of a rural chit fund firm, active in two south Bengal districts, died on Thursday in Hooghly district taking the ponzi scheme fiasco deaths in the state to 14.
CBI is also probing a criminal conspiracy angle of the Saradha scam.
There are four first information reports against Saradha Group in which it is alleged that thousands of investors were allegedly duped by the company officials and their associates who swindled their deposits.
At least 10 companies are currently being probed for possible violation of CIS regulations of Sebi, the official said, while adding that role of Sen and other top executives associated with these entities was also being investigated.
On Tuesday, the authorities sealed a Saradha office at the Lalganesh area in Assam, after protestors ransacked the office.
The collapse of a large deposit taker, the Saradha group, has brought protesting collection agents right to the doorstep of West Bengal Chief Minister Mamata Banerjee, whose government has given a free hand to such firms.
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.
In an 18-page "suicide note" to the Central Bureau of Investigation (CBI), Sudipta Sen has declared himself as the only son of Maa Saradha.
The chief minister said the situation was not a crisis and dubbed the protesters Communist Party of India-Marxist cadres.
It is difficult to re-enact the turnaround of Peerless.
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.
A city court on Friday remanded suspended Trinamool Congress MP Kunal Ghosh to seven days' judicial custody after he dramatically recused his lawyer from speaking for him and then pleaded for either bail or CBI custody to 'assist' the agency in its Saradha chit fund scam probe.
Centre must share blame for Ponzi schemes with West Bengal.
A CBI team from New Delhi will arrive in Assam on Tuesday to initiate investigations into duping cases reported against chit fund companies in Assam, reports K Anurag
According to official figures, only 30 per cent of the total population in Assam has bank accounts, reports K Anurag
A second police complaint has been filed against Trinamool Congress MP Kunal Ghosh by employees of Sakalbela, a closed Bengali daily owned by the Saradha Group, with Ghosh offering to resign if his complicity was proved and his party saying that none of the guilty would be spared.
An FIR has been filed against Trinamool Congress Rajya Sabha Member of Parliament Kunal Ghosh, Saradha Group chairman Sudipta Sen and six others for non-payment of salaries to employees of a television channel run by the chit fund company.
The FIR was filed on Thursday night at the Park Street police station by journalist and non-journalist employees of Channel 10 stating that they were not paid salaries for the last three months despite repeated assurances, a senior journalist of the channel Bithin Sarkar said on Friday.
Govt, however, is readying new Bill that will give it more teeth to deal with such scams.
The Calcutta High Court on Thursday indirectly criticised the West Bengal government's decision yesterday to levy a 10 per cent tax on tobacco products to assuage the growing anger of agents and depositors of the Saradha group.
Saradha scam accused Kunal Ghosh on Monday threatened to commit suicide if the CBI did not take proper action against 'those involved' within three days in front of a magistrate when he was produced before a city court.
A special task force has been set up under to carry out all investigations into such companies.
The Communist Party of India-Marxist on Thursday demanded a CBI probe into the multi-crore chit fund scam in West Bengal and asked the state government to confiscate all properties of Saradha Group to pay off thousands of small investors left in the lurch.
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