Saradha Chit Fund Scam

Leader of opposition in West Bengal Suvendu Adhikari today wrote to Prime Minister Narendra Modi "expressing concern" that the CBI was not acting against those holding high positions and involved in the decade-old Saradha chit fund scam.

The Saradha group allegedly cheated thousands of depositors, promising abnormally high returns on investments in its illegal schemes.

The CBI on Monday carried out searches at the offices of three Securities and Exchange Board of India officials in connection with their alleged role in saving Saradha ponzi scheme operators, officials said.

Senior TMC leader and former West Bengal minister Madan Mitra on Friday deposed before Enforcement Directorate (ED) officials here in connection with the probe into Saradha chit fund scam.

The Enforcement Directorate (ED), which is probing the money laundering aspect of the Saradha chit fund scam, has summoned Trinamool spokesperson Kunal Ghosh for questioning.

The Supreme Court today deferred by two weeks the hearing on CBI's contempt plea against former Kolkata police commissioner Rajeev Kumar and others alleging non-cooperation by them in its probe into the multi-crore-rupee Saradha chit fund scam case.

The CBI has approached the Supreme Court seeking to question senior IPS officer and former Kolkata police commissioner, Rajeev Kumar, in connection with the multi-crore Saradha chit fund scam case.

As Bengal goes on the boil ahead of assembly elections, the infamous chit fund Saradha that collapsed in 2013, costing lakhs of people across West Bengal their hard-earned savings, is edging back to the headlines.

The Supreme Court today sought response from West Bengal cadre police officer Rajeev Kumar on CBI's appeal challenging the anticipatory bail granted to him in the multi-crore Saradha chit fund scam case.

Mr Chatterjee, a former Mayor of Kolkata, was accompanied by his friend Baisakhi Banerjee to the CBI office at CGO Complex in Salt Lake.

CBI officers visited the West Bengal secretariat on Wednesday as part of its ongoing probe into the multi-crore Rose Valley chit fund scam.

The Central Bureau of Investigation today approached the Supreme Court challenging protection of arrest granted to former Kolkata top cop Rajeev Kumar in the multi-crore Saradha chit fund scam case.

Former Kolkata police chief Rajeev Kumar has been given protection from arrest by the Calcutta High Court in the in the Saradha chit fund scam. The IPS officer is accused of destroying evidence related to the Ponzi scheme when he was heading the probe.

The Calcutta High Court is likely to pronounce its judgement on October 1 in the anticipatory bail plea of former Kolkata police commissioner Rajeev Kumar in the Saradha chit fund scam case following conclusion of hearing today.

A 10-member CBI team sent to Kolkata to track down former city police commissioner Rajeev Kumar, who has been evading summons in connection with the multi-crore Saradha chit fund scam, has returned to its headquarters in Delhi, an agency official said.

Leader of opposition in West Bengal Suvendu Adhikari today wrote to Prime Minister Narendra Modi "expressing concern" that the CBI was not acting against those holding high positions and involved in the decade-old Saradha chit fund scam.

The Saradha group allegedly cheated thousands of depositors, promising abnormally high returns on investments in its illegal schemes.

The CBI on Monday carried out searches at the offices of three Securities and Exchange Board of India officials in connection with their alleged role in saving Saradha ponzi scheme operators, officials said.

Senior TMC leader and former West Bengal minister Madan Mitra on Friday deposed before Enforcement Directorate (ED) officials here in connection with the probe into Saradha chit fund scam.

The Enforcement Directorate (ED), which is probing the money laundering aspect of the Saradha chit fund scam, has summoned Trinamool spokesperson Kunal Ghosh for questioning.

The Supreme Court today deferred by two weeks the hearing on CBI's contempt plea against former Kolkata police commissioner Rajeev Kumar and others alleging non-cooperation by them in its probe into the multi-crore-rupee Saradha chit fund scam case.

The CBI has approached the Supreme Court seeking to question senior IPS officer and former Kolkata police commissioner, Rajeev Kumar, in connection with the multi-crore Saradha chit fund scam case.

As Bengal goes on the boil ahead of assembly elections, the infamous chit fund Saradha that collapsed in 2013, costing lakhs of people across West Bengal their hard-earned savings, is edging back to the headlines.

The Supreme Court today sought response from West Bengal cadre police officer Rajeev Kumar on CBI's appeal challenging the anticipatory bail granted to him in the multi-crore Saradha chit fund scam case.

Mr Chatterjee, a former Mayor of Kolkata, was accompanied by his friend Baisakhi Banerjee to the CBI office at CGO Complex in Salt Lake.

CBI officers visited the West Bengal secretariat on Wednesday as part of its ongoing probe into the multi-crore Rose Valley chit fund scam.

The Central Bureau of Investigation today approached the Supreme Court challenging protection of arrest granted to former Kolkata top cop Rajeev Kumar in the multi-crore Saradha chit fund scam case.

Former Kolkata police chief Rajeev Kumar has been given protection from arrest by the Calcutta High Court in the in the Saradha chit fund scam. The IPS officer is accused of destroying evidence related to the Ponzi scheme when he was heading the probe.

The Calcutta High Court is likely to pronounce its judgement on October 1 in the anticipatory bail plea of former Kolkata police commissioner Rajeev Kumar in the Saradha chit fund scam case following conclusion of hearing today.

A 10-member CBI team sent to Kolkata to track down former city police commissioner Rajeev Kumar, who has been evading summons in connection with the multi-crore Saradha chit fund scam, has returned to its headquarters in Delhi, an agency official said.