Chit Fund

  • India @ 9 with Anubha Bhonsle 2 days ago

    Catch the day's top stories with Anubha Bhonsle on India @ 9. ...
  • News 360: India calls off talks with Pakistan 2 days ago

    India on Monday called off its Foreign Secretary-level talks with Pakistan, sending a strong message to the country after its envoy held an hour-long meeting with Kashmiri separatist leaders in Delhi despite a warning by India against it. ...
  • Saradha scam: Filmmaker Aparna Sen denies role in monetary transactions 2 days ago

    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...
  • Saradha scam: Enforcement Directorate quizzes national award winning filmmaker Aparna Sen 2 days ago

    Kolkata: National award winning film maker Aparna Sen was questioned by the Enforcement Directorate on Monday in connection with the multi-crore-rupee Saradha chit fund scam. Sen appeared before the agency that is probing the scam along with husband Kalyan Roy. Aparna Sen was the editor of a magazine called Parama ...
  • Saradha chit fund scam: ED questions Mithun Chakraborty July 25, 2014

    Mumbai: The Enforcement Directorate on Wednesday questioned film actor-cum-Trinamool Congress MP Mithun Chakraborty in connection with the Saradha chit fund scam in West Bengal, officials said. A team of ED officials drawn from its offices in Kolkata and Mumbai jointly quizzed the actor at his residence for close to two hours...
  • Saradha Chit Fund Scam: CBI asks Bengal, Odisha government to share documents of scam before July 31 July 22, 2014

    Kolkata: CBI has asked the state government of West Bengal and Odisha to share all documents related to the Saradha Chit Fund scam with them before July 31. The CBI order comes after the Supreme Court ordered transfer of investigation of the scam from the special investigation team and the...
  • CBI files first set of FIRs in connection with the Saradha chit fund scam June 4, 2014

    New Delhi: CBI has registered its first set of FIRs in connection with the multi-crore Saradha Chit fund scam. A total of 3 FIRs have been filed in West Bengal and 43 FIRs have been filed in Odisha which includes allegations of cheating, criminal breach of trust and conspiracy. The CBI...
  • Saradha scam: ED to file first charge sheet by July May 11, 2014

    The Enforcement Directorate (ED) is expected to file its first charge sheet in the multi-crore Saradha chit fund scam by July this year even as latest investigations by the agency have found a "documented" money trail of Rs 700-800 crore between some top politicians and officials of the defunct group. The...
  • CBI should probe Naveen's role in chit fund scam: BJP May 10, 2014

    With the Supreme Court ordering a CBI probe into the Saradha scam, the BJP on Saturday attacked Odisha Chief Minister Naveen Patnaik accusing him of protecting ponzi firms and demanded inclusion of the BJD supremo's name in the enquiry. "Naveen Patnaik has to come under the CBI probe net in the...
  • A Billion Votes: Arvind Kejriwal urges people to end elitist politics May 9, 2014

    After BJP prime ministerial candidate Narendra Modi's grand roadshow in Varanasi on Thursday, it is his competitor Arvind Kejriwal who is all set to hit the streets of the temple town on Friday. Kejriwal's roadshow is likely to begin around 3 pm from the main gate of Benaras Hindu University. ...
  • CBI should now return money to duped Saradha depositors: Mamata Banerjee May 9, 2014

    Hours after the Supreme Court ordered a CBI probe into the Saradha chit fund scam, West Bengal Chief Minister Mamata Banerjee on Friday said the agency should now take the responsibility of returning the money to the duped investors in the company. Addressing an election rally in Baharampur of Murshidabad district,...
  • Odisha welcomes SC ruling on chit fund scam May 9, 2014

    Political leaders and activists in Odisha on Friday welcomed the Supreme Court (SC) decision to handover the state's chit fund scam cases to the CBI for further investigation. "I dedicate this victory to the poor people who had invested money in these fraud companies in good faith," said activist Alok Jena,...
  • CBI probe into Saradha scam may spoil Mamata's mission 30 seats May 9, 2014

    Kolkata: The spectre of the Saradha Ponzi scam has returned to haunt Mamata Banerjee and her party, the Trinamool Congress, and the timing couldn't have been more significant. Taking the mantle away from the Bengal police and the special investigation team, the Supreme Court ordered transfer of investigation into the...
  • Saradha scam: Setback to Mamata government, SC orders CBI probe May 9, 2014

    New Delhi: The Supreme Court on Friday ordered a CBI probe into the Saradha chit fund scam in West Bengal and numerous other ponzi schemes in Odisha and Assam. The top court said that the cases were being transferred from the states to the CBI considering the "magnitude of the...
  • Congress, TMC, Left's only agenda is to stop me: Narendra Modi May 7, 2014

    Krishnanagar: Claiming that Congress, Trinamool Congress and the Left have a "behind the scene" understanding, BJP's prime ministerial candidate Narendra Modi on Wednesday said that their only agenda was to "stop Modi". "You may think that Congress, Trinamool Congress and the Left are fighting separately. But try to understand the game...
  • Saradha scam: ED to complete probe within 'reasonable time' May 6, 2014

    Kolkata: The Enforcement Directorate was hopeful that the investigation into the Saradha ponzi scam would be completed within a reasonable period of time, as the wife of a former Congress MP was questioned. "The Saradha probe involves several issues and scanning of plethora of documents. But we hope that the investigation...
  • Assets, properties worth Rs 1,759 crore seized by ED April 29, 2014

    New Delhi: Over Rs 1,750 crore worth of properties and valuable assets have been seized by Enforcement Directorate (ED) in the last one year even as the anti-money laundering agency launched maximum number of prosecution for alleged violations during the same period. The agency carried out a total of 127 attachments...
  • Chidambaram has nothing to hide in Saradha scam: Anand Sharma April 28, 2014

    Kolkata: Rebutting Narendra Modi's charge that Union Finance Minister P Chidamaram had something to hide in the Saradha scam, Union Commerce Minister Anand Sharma on Monday said that Trinamool Congress leaders were involved in the scandal and they would be investigated and punished under law. Sharma alleged that Chief Minister Mamata...
  • Saradha scam: Chidambaram hits back at Mamata Banerjee April 26, 2014

    New Delhi: With Mamata Banerjee targeting him on the Saradha scam issue, Finance Minister P Chidambaram on Saturday rejected allegations by the West Bengal Chief Minister that Enforcement Directorate was acting at his behest. He also asked why the Chief Minister was concerned about people "charged with wrongdoings" and said she...
  • LS polls: Never did politics for money, says Mamata Banerjee April 24, 2014

    Burdwan: With her party facing the heat over the Saradha chit fund scam during the Lok Sabha elections, Chief Minister Mamata Banerjee on Thursday said she never did politics for money. "I do politics of people and not money. Now politics mean canards, propaganda and quarrels and a means to convert...
  • TMC questions timing of ED probe into Saradha chit fund scam April 21, 2014

    Kolkata: The Trinamool Congress has raised questions at the timing of the Enforcement Directorate's probe into the Saradha chit fund scam, alleging political motivation behind the investigative activity. Finance and Industry Minister of West Bengal Amit Mitra questioned the CBI and ED's motive behind launching the probe just two days...
  • Congress questions Mamata's meeting with Anna February 21, 2014

    Congress in West Bengal on Friday criticised Anna Hazare's meeting with Chief Minister Mamata Banerjee, wondering if the Gandhian would agree to hold a dharna in Kolkata for the victims of Saradha Chit Fund scam. "I wonder whether Anna Hazare, who claims to be an anti-corruption crusader, is aware of the...
  • Saradha Chit fund scam: Group Chairman sentenced to 3 years in jail February 21, 2014

    Kolkata: A court in Kolkata has sentenced the chairman of the Saradha Group Sudipta Sen to three years in jail in connection with non payment of Provident Fund to his employees to the tune of Rs 3.5 lakh. Sen had confessed to the crime in court. It is one of...
  • Anna-Mamata bonhomie irks CPI(M) February 14, 2014

    Mumbai: A day after TMC leader Mukul Roy met social activist Anna Hazare and added further fuel to speculations of a brewing bonhomie between the latter and West Bengal CM Mamata Banerjee, Communist Party of India (Marxist) has expressed surprise over the growing closeness between the two. CPI(M) leader Mohammed Salim...
  • BL Kushwaha, wanted in chit fund fraud case, takes oath as BSP MLA February 7, 2014

    Newly-elected BSP MLA from Dholpur BL Kushwaha, wanted in a chit fund fraud case, on Friday took oath of office and constitution in the chamber of Rajasthan Assembly Speaker. Speaker Kailash Meghwal administered the oath of office and constitution to Banwari Lal Kushwaha in his chamber as the session was adjourned...
  • West Bengal: Mamata government passes bill against chit funds again December 12, 2013

    Kolkata: Seven months after passing legislation aimed to protect interests of chit fund depositors but failing to get presidential assent, the West Bengal Assembly on Thursday cleared another bill on the issue, amidst the opposition's apprehension that it would again be sent back for having unconstitutional provisions. The West Bengal Protection...
  • Saradha scam: Kunal Ghosh sent to 14 days judicial custody December 6, 2013

    Howrah (WB): A local court on Friday remanded suspended Trinamool Congress MP Kunal Ghosh, who was arrested for alleged involvement in the multi-crore Saradha scam, to 14 days judicial custody. Howrah Chief Judicial Magistrate Arun Kumar Nandi sent Ghosh to judicial custody till December 20. On November 30, the Howrah CJM had...
  • Saradha scam: CPM accuses UPA of being reluctant, demands CBI probe December 5, 2013

    CPM on Thursday accused the UPA government of not taking any action on the Saradha chit fund scam in West Bengal and demanded a CBI probe into the scandal, saying it had ruined the lives of lakhs of people, mostly from the economically weaker sections. Maintaining that the property of Saradha...
  • Saradha scam: Suspended TMC MP Kunal Ghosh remanded to police custody November 24, 2013

    Kolkata: Suspended Trinamool Congress MP Kunal Ghosh on Sunday was remanded to five days police custody by Bidannagar court in the Saradha chit fund scam. Ghosh was arrested on Saturday and is accused of being a part of the conspiracy with Saradha group chairman Sudipto Sen. The police claimed that...
  • Saradha scam: Suspended TMC MP Kunal Ghosh reaches court November 24, 2013

    Kolkata: Suspended Trinamool Congress MP Kunal Ghosh, who was arrested by the Bidhannagar Police in connection with the Saradha Group chit fund scam, has reached Bidannagar court. The police claimed that the evidence indicates that Kunal Ghosh was involved in the conspiracy along with Saradha Group chairman Sudipta Sen. Ghosh...