CHIT FUND

  • CBI pressuring me to name Mamata in Saradha scam, claims Madan Mitra Yesterday

    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 3 days ago

    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...
  • Best officers chosen to probe Saradha scam: CBI chief 4 days ago

    New Delhi: Newly-appointed CBI Director Anil Kumar Sinha on Saturday said the agency has deputed a Special Investigation Team (SIT) and the best officers from across India to probe the multi-crore rupee Saradha chit fund scam. "Our best officers across the nation have been chosen to probe the Saradha scam. We...
  • Saradha scam: West Bengal Madan Mitra remanded in CBI custody till December 16 4 days ago

    Kolkata: West Bengal Transport Minister and Trinmool Congress leader Madan Mitra on Saturday evening has been remanded in Central Bureau of Investigation's custody till December 16 in multi-crore Saradha chit fund scam case. The Minister was arrested by CBI on Friday evening. Earlier on Saturday the standoff between TMC and...
  • BJP using undue advantage of power at Centre: TMC on Madan Mitra arrest 5 days ago

    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 5 days ago

    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...
  • No 'contradiction' between party & govt on Saradha chit fund scam: BJP December 4, 2014

    New Delhi: Rejecting any "contradiction" between the party and the government on the issue of Saradha chit fund scam, BJP on Wednesday said the case is being investigated by three agencies and the government has not given clean chit in this regard. This comes after the government on Wednesday appeared to...
  • 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. ...
  • BJD suspends MP Ramchandra Hansda arrested in Odisha chit fund scam November 4, 2014

    Bhubaneswar: 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. Earlier on Tuesday, the Central Bureau of Investigation arrested the BJD MP along with former BJP MLA Hitesh Kumar Bagartti and former-BJD MLA...
  • Odisha chit fund scam: CBI arrests BJD Lok Sabha MP, 2 former MLAs November 4, 2014

    Bhubaneswar: The Central Bureau of Investigation on Tuesday made three high profile arrests in connection with the Rs 20,000 crore Odisha chit fund scam. Biju Janata Dal MP Ram Chandra Hansdah has been taken into custody. Former BJP MLA Hitesh Kumar Bagartti and ex-BJD MLA Subarna Naik have also been arrested...
  • CBI arrests Odisha MLA in chit fund scam October 31, 2014

    Bhubaneswar: The CBI on Friday arrested a ruling BJD MLA in Odisha for his alleged complicity with Artha Tatwa Group chief Pradip Sethy, who has duped thousands through a chit fund scam in the state. The Central Bureau of Investigation (CBI), probing the chit fund scam, interrogated Banki constituency MLA Pravat...
  • Odisha: HC gives interim relief to lawyer till Octpber 30 in Chit fund scam case October 22, 2014

    Cuttack: The Orissa High Court on Wednesday granted interim protection from arrest till October 30 to a lawyer who has been booked by CBI in connection with the chit fund scam. CBI in June this year had booked Debashis Panda, a High Court lawyer, for alleged offences under several sections...
  • West Bengal: Congress to table no-confidence motion against TMC government October 18, 2014

    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...