The Trinamool Congress (TMC) and the Left traded charges against each other over the chit fund scam in West Bengal on Wednesday. ...
11:30 PM, Apr 24, 2013
Catch the day's top stories on India @ 9 with Rajdeep Sardesai. ...
11:26 PM, Apr 24, 2013
New Delhi: Assam Chief Minister Tarun Gogoi said on Wednesday that he will order a probe in the chit fund scam after a Saradha group employee alleged that a state minister had close links with the company. The employee, Diban Deka, said that Assam Health and Education Minister Himanta Biswa Sarma had ties with the group. Deka, who worked for the group's Bangla daily Sakalbela, published from Guwahati, also alleged...
11:12 PM, Apr 24, 2013
Arrested kingpin of the Saradha group chit fund scam, Sudipta Sen has made explosive claims in a letter he wrote to the CBI before fleeing. ...
10:47 PM, Apr 24, 2013
Allegations of the involvement of Trinamool Congress leaders in the Saradha group chit fund scam have hit the West Bengal government hard. ...
10:35 PM, Apr 24, 2013
Kolkata: The Trinamool Congress (TMC) and the Left traded charges against each other over the chit fund scam in West Bengal on Wednesday. While the Left accused TMC of involvement, the latter said the chit fund companies were allowed to flourish even during the former's rule. "The Saradha group started in 2006. The chit fund companies mushroomed in Left regime. It's not only the question of Sudipto Sen. Clarifications have...
10:21 PM, Apr 24, 2013
Kolkata: West Bengal Chief Minister Mamata Banerjee on Wednesday defended her government in the chit fund scam and lauded the police force for doing a "good job". She also announced a Rs 500 crore relief fund for the small and medium-term investors hit by the scam. She said that Rs 150 crore of the fund would be raised through a 10 per cent surcharge on cigarettes and the rest through...
07:03 PM, Apr 24, 2013
Kolkata: In more embarrassment for the Mamata Banerjee government, another letter written by Trinamool Congress MP Tapas Paul has surfaced which had pointed towards the inaction over rising chit fund scams in West Bengal. In the letter dated 2010, the Trinamool Congress MP had asked the Centre to control the growth of ponzi schemes in the state. CNN-IBN has accessed a copy of the letter written by Paul to then...
06:31 PM, Apr 24, 2013
Kolkata: The Trinamool Congress, under fire from the Congress and the Left over the West Bengal chit fund scam, has said that it had no role to play in it. Party leader Saugata Roy said, "The TMC as a party is not involved in the scam. This has been done by a scamster. I have no knowledge of any personal connection between the TMC and the Saradha group." He, however,...
05:54 PM, Apr 24, 2013
Kolkata: CNN-IBN has accessed West Bengal chit fund scam accused Saradha group promoter Sudipta Sen's letter to the Central Bureau of Investigation (CBI) dated April 6. Sen's letter to the CBI names top politicians, journalists, lawyers as having benefited from his company. Sen, in his letter, alleges that he forayed into the media business because he initially came under vicious attack from Bengal's Pratidin newspaper represented by TMC MP Kunal...
04:01 PM, Apr 24, 2013
In an interview with IBN18 Editor-in-Chief Rajdeep Sardesai, Trinamool Congress MP Srinjoy Bose denied claims made by Saradha group Chairman Sudipta Sen that he was blackmailed by TMC MPs. ...
03:55 PM, Apr 24, 2013
Kolkata: The West Bengal government has cracked down on the Saradha group in the chit fund scam. The Mamata Banerjee government has frozen about 35 bank accounts belonging to the Saradha group, while 36 cars belonging to Saradha Chairman Sudipta Sen and his company have been seized. Four office buildings in and around Kolkata belonging to the Saradha group have also been seized along with hundreds of land documents. The...
02:48 PM, Apr 24, 2013
Kolkata: The Trinamool Congress is on the defensive after the alleged West Bengal chit fund scam kingpin and Saradha Group CMD, Sudipta Sen, claimed he was blackmailed by the party's leaders. But TMC MP Srinjoy Bose denied the allegations and said his company's tie-up with Saradha group was a completely professional one. "Our group had a professional tie-up with Saradha group's TV channel. It was a purely professional relation," Srinjoy...
12:06 PM, Apr 24, 2013
Kolkata: Explosive revelations could embarrass the Trinamool Congress in the chit fund scam. National daily The Indian Express has reported that the Saradha Group CMD has sent an 18-page letter to the Central Bureau of Investigation. The letter contains the names of several key politicians, officials and legal experts who allegedly milked the company for money. The letter could reveal a nexus between politicians and the chit fund industry. The...
11:15 AM, Apr 24, 2013
The Chairman of the group, Sudipta Sen, was on Tuesday arrested in Jammu and Kashmir along with two others. ...
10:59 AM, Apr 24, 2013
Kolkata: West Bengal Chief Minister Mamata Bannerjee is in damage control mode as the Saradha chit fund scam threatens to embarrass her government further. Mamata has promised action if any of its leaders are involved in the scam. "Mamata Banerjee has said that anybody found culpable will be acted against," Trinamool Congress leader Saugata Roy said. The Chairman of the group, Sudipta Sen, has been arrested in Jammu and Kashmir...
08:10 AM, Apr 24, 2013
Dehradun: Claiming that development has gained pace in Uttarakhand over the past few months, Union Minister Harish Rawat on Tuesday exuded confidence about the ruling Congress's impressive victory in the civic body polls in the state slated for April 28, 2013. "Development oriented decisions taken by the state government over the last few months are bound to play a big role in ensuring the Congress' thumping victory in the forthcoming...
03:13 AM, Apr 24, 2013
Amid growing public outrage over an allegedly fraudulent investment scheme run by Saradha group, market regulator has begun a fresh probe into the fund-raising activities of the Kolkata-based entity. The capital market regulator is looking into whether its Collective Investment Scheme (CIS) regulations were violated while raising funds from the public, a senior official said. ...
11:45 PM, Apr 23, 2013
Amid growing public outrage over an allegedly fraudulent investment scheme run by Saradha group, market regulator has begun a fresh probe into the fund-raising activities of the Kolkata-based entity. The capital market regulator is looking into whether its Collective Investment Scheme (CIS) regulations were violated while raising funds from the public, a senior official said. ...
11:30 PM, Apr 23, 2013
Catch the day's top stories on India @ 9 with Rajdeep Sardesai. ...
11:16 PM, Apr 23, 2013
