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CBI to form SIT to probe Rs 10,000 crore Saradha chit fund scam

New Delhi: The CBI will form a Special Investigation Team (SIT) soon to probe the Saradha chit fund scam in which investors in West Bengal, Odisha and Assam were allegedly duped of Rs 10,000 crore

PTI [ Updated: May 11, 2014 18:10 IST ]
cbi to form sit to probe rs 10 000 crore saradha chit fund
cbi to form sit to probe rs 10 000 crore saradha chit fund scam

New Delhi: The CBI will form a Special Investigation Team (SIT) soon to probe the Saradha chit fund scam in which investors in West Bengal, Odisha and Assam were allegedly duped of Rs 10,000 crore besides examining the role of market regulators like SEBI and RBI.


 “We will form the SIT as soon as the legalities in the case are finalised,” CBI Director Ranjit Sinha said here today.

Official sources said the SIT is expected to be formed soon.

The Supreme Court ordered a CBI probe on Friday on a PIL and asked the three state police forces to cooperate with the CBI investigation.

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