CHIT FUND SCAM

  • CBI arrests former Congress MP Matang Singh in Saradha chit fund scam January 31, 2015

    Kolkata: The Central Bureau of Investigation on Saturday arrested former Congress MP Matang Singh in Saradha chit fund scam. Singh was arrested after being questioned by CBI earlier in the day. The Congress MP was summoned by CBI at least five times but he did not appear earlier. Singh is...
  • Saradha scam: Mamata Banerjee should be removed as West Bengal CM, says Kunal Ghosh January 28, 2015

    Kolkata: Suspended Trinamool Congress (TMC) Kunal Ghosh, who is in custody in the multi-crore Saradha chit fund scam, on Wednesday said Mamata Banerjee should be removed from the post of West Bengal Chief Minister. "All those who are accused in the Saradha chit fund case should resign and face probe and...
  • CBI asks TMC leader Mukul Roy to appear on January 28 January 22, 2015

    Kolkata: The Central Bureau of Investigation, which is probing the Saradha chit fund scam, on Thursday asked Trinamool Congress leader Mukul Roy to appear before the investigative agency on January 28. "We have told Mukul Roy that he can appear before the CBI investigation officers any time on January 28 to...
  • CBI court grants extension of bail term of former AG Mohanty January 13, 2015

    Bhubaneswar: The Special Central Bureau of Investigation Court on Tuesday granted continuation of bail of former Advocate-General (AG) Ashok Mohanty named by the apex probe agency in its charge sheet regarding the multi-crore chit fund scam. Special CBI judge Padma Lochan Satpathy extended the bail term of Mohanty in connection with...
  • Saradha chit fund scam: CBI summons TMC leader Mukul Roy for questioning January 12, 2015

    Kolkata: The Central Bureau of Investigation on Monday summoned Trinmool Congress national secretary and former railway minister Mukul Roy for questioning in the multi-crore Saradha chit fund scam. Earlier in December in a huge embarrassment and setback for the Mamata Banerjee government, the CBI had arrested West Bengal Transport Minister and...
  • BJD government in Odisha a failure on all fronts: Congress January 5, 2015

    Bhubaneswar: Dubbing the BJD government in Odisha as a failure on all fronts in 2014 when a series of scams rocked the state, Congress leader Niranjan Patnaik on Monday claimed the ongoing CBI probe into the chitfund scandal appeared to have slowed down during last one month. "CBI is now...
  • TMC should take lessons from Amit Shah: BJP December 30, 2014

    Kolkata: Asking the TMC leadership to take lessons from the way BJP Chief Amit Shah abided by the rule of law in the Sohrabuddin case, BJP National Secretary Siddharth Nath Singh on Tuesday said instead TMC has gone on to abuse the legal system by its political offensive in the...
  • West Bengal: Mamata Banerjee warns TMC leaders, workers against anti-party activity December 30, 2014

    Kharagpur: Beset with rising group rivalries and airing of individual opinions by some party leaders, Trinamool Congress chief Mamata Banerjee on Tuesday issued a strong warning to the leaders against anti-party activities, reminding them that "no individual is above the party". "We will not accept...
  • West Bengal: ED questions another TMC leader as Saradha scam probe December 29, 2014

    Kolkata: The Enforcement Directorate (ED) on Monday questioned for about three hours Trinamool Congress leader Sankudeb Ponda in connection with its money laundering probe in the multi-crore Saradha chitfunds scam case. "Ponda has been questioned about his association with the Saradha group and its management. His statement has been recorded...
  • Saradha scam accused Madan Mitra to be discharged from hospital December 27, 2014

    Kolkata: West Bengal Transport and Sports Minister Madan Mitra, who was arrested in the multi-crore-rupee Saradha scam, is likely to be discharged from hospital Saturday as tests done on him have not revealed anything significant, a hospital official said. Arrested Dec 12 by the CBI for his alleged complicity in the...
  • BJD scores big in elections, but joy shortlived due to scams December 20, 2014

    Bhubaneswar: A record fourth consecutive win in assembly polls failed to retain the upbeat mood in ruling BJD as CBI tightened the noose around party leaders in the multi-crore chitfund scam that rocked Odisha in 2014, arming a marginalised Opposition with political ammunition. Despite the landslide victory, BJD leaders seemed to...
  • Odisha chit fund scam: DSP Pramod Panda arrested by CBI December 19, 2014

    Bhubaneswar: In a major embarrassment for Odisha Police, the CBI on Friday evening arrested a Deputy Superintendent of Police (DSP) Pramod Panda for allegedly deriving undue financial benefits from Artha Tatwa Group, a major player in the multi-crore chitfund scam in the state. "Panda, presently a DSP of Odisha Police is...
  • Mamata slams Centre, alleges CBI functioning as 'department of PMO' December 18, 2014

    New Delhi: Pulling no punches in her attack against BJP for allegedly pursuing "political vendetta" against TMC, West Bengal Chief Minister Mamata Banerjee on Thursday charged that CBI was being used as a "political tool" by the NDA government and was functioning as "a department of the PMO". "We are the...
  • CBI pressuring me to name Mamata in Saradha scam, claims Madan Mitra December 17, 2014

    Kolkata: West Bengal minister Madan Mitra, arrested in connection with the multi-crore rupee Saradha chit fund scam, on Tuesday accused the CBI of pressuring him to take the name of Chief Minister Mamata Banerjee in the scam even as a city court denied him bail and extended his custody till...
  • Odisha chit fund scam: CBI arrests Odia TV channel owner Durga Prasad Mishra December 14, 2014

    Bhubaneshwar: The CBI on Sunday arrested Durga Prasad Mishra, owner of a chit fund company and an Odia TV channel MBC TV over a chit fund scam. He was absconding for the last nine months. On November 30, the CBI had questioned senior IPS officer Rajesh Kumar in the Odisha chit...
  • BJP using undue advantage of power at Centre: TMC on Madan Mitra arrest December 12, 2014

    Kolkata: The Trinmool Congress on Friday evening held a press conference after Central Bureau of Investigation arrested West Bengal Transport Minister and TMC leader Madan Mitra in connection to multi-crore Saradha scam. Reacting sharply on the development, TMC accused Bhartiya Janata Party for taking undue advantage of power and termed the...
  • CBI arrests West Bengal Transport Minister Madan Mitra in the multi-crore Saradha chit fund scam December 12, 2014

    Kolkata: In a huge embarrassment and setback for the Mamata Banerjee government, the Central Bureau of Investigation (CBI) on Friday evening arrested West Bengal Transport Minister and Trinamool Congress leader Madan Mitra in Saradha chit fund scam. The arrest came after the CBI interrogated Mitra for nearly five hours over...
  • Odisha chit fund scam: CBI questions senior IPS officer Rajesh Kumar November 30, 2014

    Bhubaneshwar: The Central Bureau of Investigation on Sunday questioned senior IPS officer Rajesh Kumar in the Odisha chit fund scam. Rajesh Kumar was until recently probing the chit fund scam as the crime branch DIG before the probe was taken over by the CBI under direction from Supreme Court. The probe...
  • Odisha chit fund scam: CBI should probe Patnaik's role, says LoP, state Assembly November 23, 2014

    The opposition parties in Odisha have upped their ante against Chief Minister Naveen Patnaik and have now demanded his resignation. Speaking to CNN-IBN, Leader of the Opposition in the Odisha Assembly, Narsingh Mishra said that after his close aide Saroj Sahu, the CBI should now probe Chief Minister Naveen Patnaik. ...
  • Odisha chit fund scam: Opposition up the ante against CM Patnik, demand his resignation November 23, 2014

    Bhubaneshwar: The opposition parties in Odisha have upped their ante against Chief Minister Naveen Patnaik and have now demanded his resignation. The remarks came after Patnaik's close aide Saroj Sahu was questioned by the Central Bureau of Investigation in connection with the chit fund scam. The Biju Janata Dal continues...
  • Odisha chit fund scam probe reaches CM office, CBI questions Patnaik aide November 22, 2014

    Bhubaneswar: The Central Bureau of Investigation probe into the multi-crore Odisha chit fund scam reached the doorsteps of Chief Minister Naveen Patnaik's office on Saturday. Patnaik's residence office assistant Saroj has been questioned by the CBI in connection with the case. He was grilled for almost 1.5 hours by the CBI...
  • Saradha scam: TMC cornered as party MPs come under CBI scanner November 22, 2014

    Kolkata: It is a big embarassment for the ruling Trinamool Congress party (TMC) as Central Bureau of Investigation (CBI) has arrested its Rajya Sabha MP Srinjoy Bose for alleged involvement in the Saradha scam. He is the third TMC leader and second TMC MP to be arrested in the case....
  • Saradha scam: CBI questions Odisha CM's former aide; opposition unwilling to relent November 22, 2014

    Bhubaneshwar: The Central Buraeu of Investigation (CBI) on Friday issued summons to Rajya Sabha member and former Biju Janata Dal (BJD) leader Pyarimohan Mohapatra over Saradha chit fund scam. "If tomorrow CBI thinks that Naveen Patnaik has some facts to reveal, then they might summon him also, this is...
  • Saradha scam: Odisha CM Naveen Patnaik faces heat in CBI probe, close aide questioned November 22, 2014

    Bhubaneshwar: The Central Buraeu of Investigation (CBI) on Friday issued summons to Rajya Sabha member and former Biju Janata Dal (BJD) leader Pyarimohan Mohapatra over Saradha chit fund scam. Former chief political advisor of Naveen Patnaik for more than a decade, Pyarimohan Mohapatra's house was also raided earlier this week....
  • CBI summons former BJD leader Pyarimohan Mohapatra over Saradha chit fund scam November 21, 2014

    Bhubaneshwar:Central Buraeu of Investigation (CBI) on Friday issued summons to Rajya Sabha member and former Biju Janata Dal (BJD) leader Pyarimohan Mohapatra over Saradha chit fund scam. Odisha Assembly adjourned for the second day due to protest by opposition over the chit fund scam. Mohapatra was questioned by CBI in Bhubaneswar. His...
  • Odisha chit fund scam: CBI conducts raids at CM's former aide Pyarimohan Mohapatra's residence November 18, 2014

    Bhubaneswar: The Central Bureau of Investigation sleuths are conducting raids at 22 premises including the residence of former Naveen Patnaik aide Pyarimohan Mohapatra in connection with the multi-crore chit fund scam. The raids are being held to probe the alleged involvement of 'Seashore Group' in the scam. Mohapatra, a former Biju...
  • Ex-TMC MP, Saradha scam accused Kunal Ghosh attempts suicide in jail, consumes 51 sleeping pills November 14, 2014

    Kolkata: Suspended Trinamool Congress (TMC) leader and prime accused in the Saradha chit fund scam Kunal Ghosh attempted suicide on Friday by an overdose of sleeping pills in Kolkata's Presidency jail. Ghosh in a suicide note has claimed that he consumed 51 sleeping pills. He has been admitted to the SSKM...
  • It's not setback for BJD: Odisha CM on chitfund scam arrest November 5, 2014

    The CBI on Tuesday arrested BJD MP Ramchandra Hansda in connection to Rs 20,000 crore Odisha chit fund scam. The BJD leader and Odisha Chief Minister Naveen Patnaik on Wednesday said, "It's not setback for BJD. They are individual. The law will take its own course" ...
  • Odisha: Political bigwigs in CBI net for alleged involvement in chit fund scam November 5, 2014

    The CBI sleuths made three high profile arrests in ten days for their alleged involvement in the Rs 20,000 crore Odisha chit fund scam. ...
  • No one is above law: BJP on MP Hansda suspension November 4, 2014

    Biju Janata Dal on Tuesday evening suspended its MP Ramchandra Hansda and former MLA Subarna Naik who was arrested in Odisha Chitfund scam earlier in the day. ...