CHIT FUND SCAM

  • West Bengal: Congress to table no-confidence motion against TMC government 2 days ago

    Kolkata: The Congress in West Bengal has decided to table a no-confidence motion against the Trinamool Congress government next month, state party chief Adhir Ranjan Chowdhury said on Saturday. The Congress members would utilise the discussions to attack the Trinamool on issues like the Saradha chit fund scam, the student protests...
  • Saradha scam: CBI questions Kunal Ghosh in jail October 11, 2014

    Kolkata: The Special Crime Branch of CBI on Saturday questioned Saradha scam accused Kunal Ghosh in jail as per the court order of September 29. CBI sources said that the investigating team went to Presidency Correctional Home and questioned Ghosh under Section 161 of CrPC (examination of witnesses by police)....
  • Bhubaneswar: CBI grills model Preeti Bhatia again on chitfund scam October 9, 2014

    Bhubaneswar: The CBI on Thursday interrogated a Mumbai based model and tele serial producer for the fourth time in 18 days for her alleged link with Artha Tatwa Group, accused of duping investors in the multi-crore chitfund scam. Preeti Bhatia had appeared before the investigating agency along with her lawyer on...
  • Saradha scam: ED freezes bank accounts of Mohun Bagan, East Bengal football clubs September 30, 2014

    Kolkata: Two prominent football clubs in West Bengal - Mohun Bagan and East Bengal - are facing the heat in the multicrore Saradha chit fund scam. The Enforcement Directorate has frozen the bank accounts of the two clubs and is also likely to act against another two - Bhowanipore and Kalighat...
  • Saradha scam: Kunal Ghosh, Debjani Mukherjee produced in court today September 29, 2014

    Kolkata: Suspended TMC MP Kunal Ghosh and Saradha Chairman Sudipta Sen's associate Debjani Mukherjee have been produced in a city court. Sudipta Sen had alleged to the Central Bureau of Investigation that Kunal Ghosh had taken money from Saradha. Ghosh, who was considered close to West Bengal Chief Minister Mamata...
  • Odisha's former AG Ashok Mohanty gets conditional bail in the chit fund scam September 26, 2014

    Bhubaneshwar: Conditional bail was on Friday granted by a local court to Odisha's former Advocate General Ashok Mohanty, who was earlier arrested by the CBI in connection with a chit fund scam for his alleged links with Artha Tatwa Group's CMD Pradip Sethi. District and Sessions Judge, Khurda, Durga Prasad...
  • CBI carries out searches in chit fund scam September 25, 2014

    New Delhi: CBI on Thursday carried out searches at least 15 locations, including Bhubaneshwar Institute of Technology and residences and offices of senior officials of Seashore Group, spread across four states, in connection with multi-crore rupee chit fund scam. They said that searches have also been conducted at Bhubaneswar Institute of...
  • Saradha scam: TMC MP Subhendu Adhikary summoned by CBI September 24, 2014

    Kolkata: Trinamool Congress MP Subhendu Adhikary has been summoned by CBI in the Saradha Chit Fund scam. Adhikari's name has repeatedly cropped up in the case. On Tuesday, main accused Sudipta Sen's aide Arvind Chauhan had told CBI that Adhikari met Sudipta days before the latter went into hiding. Suspended party...
  • Saradha scam: Sudipta Sen's aide names TMC leader Mukul Roy September 23, 2014

    Kolkata: In a fresh twist in the Saradha chit fund scam, the main accused Sudipto Sen's driver and assistant has pointed fingers at senior Trinamool Congress (TMC) leader Mukul Roy. Arvind Singh Chouhan told the Central Bureau of Investigation (CBI) on Tuesday that Roy and TMC MP Subhendu Adhikari met Sen...
  • Chitfund scam: Legal fraternity shocked over exAG's arrest in Odisha September 22, 2014

    Cuttack: Terming the arrest of former advocate General (AG) Ashok Mohanty by CBI as "unfortunate", the legal fraternity here today criticised the CBI accusing it of highhandedness. State Bar Council Chairman Manas Ranjan Mohapatra reacting to the arrest said CBI has arrested the former AG with political...
  • Odisha chit fund scam: CBI to take exAG on remand for two days September 22, 2014

    Bhubaneswar: A special court on Monday allowed CBI to take exadvocate general Ashok Mohanty on remand for two days in connection with a chit fund scam. Mohanty, arrested for alleged link with the chit fund scamtainted Artha Tatwa Group (AT), was produced in the court of the Special Chief Judicial...
  • Odisha chit fund scam: Former Odisha Advocate General Ashok Mohanty arrested September 22, 2014

    Bhubaneswar: The former Odisha Advocate General Ashok Mohanty has been arrested in connection with the Rs 20,000 chit fund scam. Mohanty was first interrogated by the CBI on September 13. He had stepped down from office after the CBI had summoned him in the case earlier this year. According to sources,...
  • CBI grills BJD MLA in connection with Odisha chit fund scam September 16, 2014

    Bhubaneswar: The Central Bureau of Investigation on Tuesday grilled Biju Janata Dal MLA Pravat Tripathy in connection with the Rs 20,000 crore Odisha chit fund scam. CBI sleuths had raided his house in August. Tripathy was alleged to have links with the prime accused of chit fund scam. So far,...
  • Two high profile arrests in Odisha chit fund scam September 14, 2014

    Bhubaneswar: The Central Bureau of Investigation on Sunday made two high profile arrests in the Rs 20,000 crore chit fund scam in Odisha. CBI sleuths arrested Madhu Mohanty, the owner of an Odia newspaper and Manoj Das, who owns a local news channel. Names of several BJD leaders including those linked to...
  • Mamata's decline: It's now Ma, Mati, Mafia September 13, 2014

    Mamata Banerjee belongs to the dwindling tribe of regional politicians who look upon their profession through a partisan lens, which means that their focus is almost entirely on advancing the prospects of their parties. They have neither the ability nor the inclination to do anything for their states. Some are also...
  • Odisha: BJD under scanner over 20,000 cr chit fund scam, advocate general resigns over allegations September 13, 2014

    Bhubaneswar: The ruling BJD is under the scanner over the 20,000 crore chit fund scam in Odisha. State Advocate General Ashok Mohanty has resigned from his post after the Central Bureau of Investigation (CBI) summoned him in the case. Chief Minister Naveen Patnaik has accepted Mohanty's resignation about four months...
  • Saradha scam: Pressure builds on TMC, party leaders feel the heat September 11, 2014

    Kolkata: Just a day after the Central Bureau of Investigation made its first arrest of a Trinamool Congress leader in the Saradha scam, the agency grilled another party leader, Rajya Sabha MP Srinjoy Bose. Pressure is now building on the TMC in the chit fund scam case where even West...
  • Bullet News: Catch the day's top stories September 10, 2014

    Bullet News is CNNIBN's nonstop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India @ 9 with Bhupendra Chaubey September 10, 2014

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • News 360: 200 dead, 90000 rescued, lakhs still stranded in J&K floods September 10, 2014

    The Army, Indian Air Force, National Disaster Response Force and Indian Navy the heroes of rescue operations are battling the raging flood waters round the clock to save the life of people in the floodravaged Jammu and Kashmir. Not caring about their lives and families, these personnel are trying...
  • Saradha scam: Kunal Ghosh accuses Mamata of benefitting the most, asks court to grill them together September 6, 2014

    Kolkata: Suspended Trinamool Congress MP Kunal Ghosh on Saturday accused West Bengal Chief Minister Mamata Banerjee of having benefitted the most in the multicrore Saradha chit fund case. Ghosh, while making his submission before a special CBI court in Kolkata, appealed to the judge, Arvind Mishra, that he should be questioned...
  • India @ 9 with Bhupendra Chaubey August 29, 2014

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • Odisha chit fund scam: Why didn't the state government act despite proof of political patronage? August 29, 2014

    Bhubaneswar: In a report submitted to the Supreme Court, the Odisha government said that over one million investors in the state were duped of over Rs 4000 crore by 163 fraudulent chit fund companies for almost a decade. The question that had the experts puzzled was how could this daylight robbery...
  • Saradha chit fund scam: A year on, duped investors remain penniless August 29, 2014

    Kolkata: Agony, despondency, exasperation and anger. The emotions in West Bengal's countryside remain pretty much the same as they were a year ago when Saradha Group went bust. While the company's bosses Sudipta Sen, Debjani Mukherjee and Trinamool Congress MP Kunal Ghosh are in custody, duped investors have nothing. Most...
  • Chit fund scam: Having lost lifelong savings, investors wait in agony for their money August 29, 2014

    Bhubaneswar: It's been more than three years now that over one million depositors in Odisha, mostly poor people, lost their hard earned money in the Rs 20,000 crore chit fund scam. CBI investigation is on and several owners of such fraudulent companies are in jail. But the plight of the...
  • Saradha scam: CBI custody of accused businessman extended August 27, 2014

    Kolkata: A city court on Wednesday extended the CBI custody of citybased businessman Sandhir Agarwal who was arrested for his alleged role in the Saradha chit fund scam. The Additional Chief Judicial Magistrate, Alipore Court, extended the CBI custody of Agarwal by five days till September 1 on a prayer...
  • Saradha scam: Court remands Sudipta Sen to CBI custody August 21, 2014

    Kolkata: A court on Thursday remanded chairman of Saradha group Sudipto Sen to CBI's custody till August 26 as the agency plans to verify some more names of politicians who allegedly were beneficiary of the chit fund scam. Sen's custody was taken along with the official of East Bengal football club...
  • India @ 9 with Anubha Bhonsle August 18, 2014

    Catch the day's top stories with Anubha Bhonsle on India @ 9. ...
  • News 360: India calls off talks with Pakistan August 18, 2014

    India on Monday called off its Foreign Secretarylevel talks with Pakistan, sending a strong message to the country after its envoy held an hourlong meeting with Kashmiri separatist leaders in Delhi despite a warning by India against it. ...
  • Saradha scam: Filmmaker Aparna Sen denies role in monetary transactions August 18, 2014

    Kolkata: Actor and filmmaker Aparna Sen on Monday denied have any role in the monetary transactions of the Saradha group accused of embezzling lakhs of investors in a chit fund scam. Sen, who was the editor of the magazine 'Poroma', started by Saradha chief Sudipta Sen, was quizzed by the Enforcement...