During the high-profile probe by the ED and the Central Bureau of Investigation in the Rose Valley scam, several prominent leaders of Trinamool Congress have been interrogated, arrested and jailed, including Trinamool MP Sudip Bandopadhyay and MLA Tapas Pal. Both were later granted bail by the court.
The Central Bureau of Investigation (CBI) here on Tuesday arrested Pailan Group's Chief Managing Director Apurba Kumar Saha in connection with Rs 574 crore chit fund scam.
Minister of State for Finance Anurag Thakur introduced the Chit Funds (Amendment) Bill, 2019 amid protests by Opposition parties over the Kashmir situation. The amendments have been proposed to facilitate orderly growth of the chit fund sector, to remove bottlenecks and enable greater financial access to people, as per the bill.
The government had formed the one-man commission on July 9, 2013 to probe the chit fund scam and identify the investors.
In its plea to the apex court, the agency said the recall of the order granting Kumar an interim protection from the arrest was necessary "to unravel the entire gamut of the larger conspiracy in the ponzi scam cases".
Ghosh, who was arrested in November 2013 in connection with Saradha and Rose Valley chit fund scams and granted interim bail by Calcutta High Court in 2016, has also arrived in Shillong after the CBI summoned him.
Kumar arrived at the probe agency's office at 11 am today, along with his counsel Biswajit Deb and senior IPS officers Javed Shamim and Murlidhar Sharma.
Talking to reporters in Hyderabad, CPI General Secretary S Sudhakar Reddy said the Central government should stop using the CBI and the Enforcement Directorate (ED) against political opponents.
The Supreme Court on Tuesday directed Kumar to "faithfully" cooperate with the CBI.
The Mamata Banerjee-led government in the state and BJP are at loggerheads after the CBI tried to question Kolkata's police commissioner in connection with chit fund scams.
In a blog, Jaitley hit out at Banerjee, dubbing her act as a "disproportionate over reaction" aimed at projecting herself as a "nucleus" of opposition parties.
CBI in its petition says Kolkata Police Commissioner Rajeev Kumar was summoned multiple times but failed to cooperate and created hurdles in the investigation.
A CBI team, which went to Kumar's residence in the city's Loudon Street area, was denied permission, bundled into police jeeps and were whisked to a police station.
Kolkata: Probing the chit fund scam in West Bengal, the CBI on Tuesday secured the custody of MPS Group chairman Pramatha Nath Manna, who was arrested for allegedly duping investors.Manna was arrested on September 27
New Delhi: CBI today arrested Seashore Group of companies Director Pravat Kumar Dash in connection with its probe into multi-crore chit fund scam.Sources in the CBI said, Dash was director in all the 15 companies
New Delhi: BJP today slammed West Bengal Chief Minister Mamata Banerjee for her “political vendetta” charge over action in Saradha scam, saying she is pressing the “panic button” and “rattled” by the possibility that her
Bhubaneswar: Blaming Chief Minister Naveen Patnaik for abrupt end of the winter session of Odisha Assembly, Congress today sought a clarification from the ruling BJD President on credentials of one Saroj Sahoo who was grilled
Bhubaneswar: Demanding resignation of Odisha Chief Minister Naveen Patnaik and his inclusion in the purview of CBI probe into chitfund scam, Congress workers today launched an agitation by holding demonstrations and rallies in the state.Congress
Bhubaneswar: A day after his close aide was quizzed by CBI, Congress today asked Odisha Chief Minister Naveen Patnaik to resign and demanded a probe against him by the central agency in the chitfund scam.
Bhubaneswar: Saroj Sahu, personal aide of Odisha Chief Minister Naveen Patnaik, appeared at the CBI office here apparently for questioning by the central agency which is probing into the multi-crore chitfund scam.Sahu, who looks after
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