Saradha

  • Saradha scam: BJD MP's home searched by CBI 3 hours 27 minutes ago

    New Delhi: CBI on Thursday carried out search operations at 30 locations including house of a sitting Biju Janata Dal MP and two other politicians from Odisha in connection with its probe into multi-crore chit fund scam related to Saradha and other companies. In coordinated operations, agency teams searched 20 locations...
  • Saradha chit fund scam: ED questions Mithun Chakraborty 6 days ago

    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...
  • Saradha scam: CBI may call Mithun to record his statement July 13, 2014

    New Delhi: CBI may examine Bollywood actor and Trinamool Congress Rajya Sabha MP Mithun Chakraborty in connection with its probe in the Saradha ponzi scam as the agency has found that he was allegedly part of the promotion exercise undertaken by the promoters. The agency sources said examination of all...
  • Saradha scam: CBI granted 7 days custody of six accused including TMC MP Kunal Ghosh June 16, 2014

    Kolkata: The CBI was on Monday granted seven days custody of the main accused in the Saradha chitfund scam, Sudipta Sen, suspended Trinamool Congress MP Kunal Ghosh and four others by a local court in connection with the probe ordered by the Supreme Court. Additional chief judicial magistrate Haradhan Mukhopadhyay...
  • Over 300 bank accounts, 200 firms used to commit Saradha scam: ED June 8, 2014

    New Delhi: A complicated maze of 338 bank accounts and 224 companies was used by the perpetrators of the Saradha chitfund scam which is alleged to have duped numerous investors of their hard earned monies in various states including West Bengal, Odisha and Assam. The Enforcement Directorate (ED), which has been...
  • 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 probe: ED, CBI to share vital information May 20, 2014

    Kolkata: The two central agencies, Enforcement Directorate and Central Bureau of Investigation, would coordinate with each other while probing the multi-crore Saradha chit fund scam independently. "The CBI team, led by joint director Rajiv Singh, had come to us on Monday just to get a feel of the entire issue....
  • Legal expert, bank officer to help CBI probe into Saradha chit scam May 14, 2014

    New Delhi: In a bid to expedite its probe into over Rs 10,000-crore Saradha chit fund case, CBI has assigned a bank officer and a legal expert with the Special Investigating Team (SIT) for the case. CBI Director Ranjit Sinha also held his first meeting last evening with the SIT...
  • CBI sets up SIT to probe West Bengal's Saradha chit fund scam May 12, 2014

    New Delhi: A Special Investigation Team (SIT) of the Central Bureau of Investigation under it Joint Director (Northeast) to look into the alleged fraud in the West Bengal Saradha chit fund case. CBI officials from West Bengal, Odisha, Northeast and Bihar will also be part of the SIT. The SIT will...
  • 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...
  • LS poll 9th phase: TMC, CPM in close battle in West Bengal, BJP eyes gains May 10, 2014

    "None of the previous equations would work. The political winds of Bengal are blowing in a different direction this time and I assure you it wouldn't be a cake walk for the Trinamool Congress," said an emphatic Rahul Sinha, the president of the BJP's West Bengal unit and a candidate...
  • 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,...
  • Tharoor hails SC verdict on Saradha scam May 9, 2014

    Congress MP Shashi Tharoor on said the Supreme Court verdict directing a CBI probe into the Saradha ponzi scam was "historic". "It is welcome and historic that a CBI probe has been allowed by the Supreme Court in response to several PILs and a move which Congress party had been supporting...
  • 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...
  • Saradha scam: TMC strikes back at opposition May 5, 2014

    Kolkata: Trinamool Congress, facing attacks over Saradha ponzi scam, on Monday accused the opposition CPI(M) of doing "nothing" in the Overland and Sanchita chitfund scams which took place during the Left Front regime in West Bengal. "Former West Bengal finance minister Ashok Mitra himself had noted that there was no trace...
  • CPI-M demands SC-monitored CBI probe into Saradha scam May 2, 2014

    Kolkata: The CPI(M) on Friday shrugged off responsibility for the mushrooming of chitfund companies and ponzi schemes like those of Saradha Group during its tenure, saying it had written to the SEBI in this regard while renewing its demand for a Supreme Court-monitored CBI probe into it. "The problem was Saradha...
  • 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...
  • Even a butcher is shy of Narendra Modi, says Lalu Prasad April 29, 2014

    Attacking Narendra Modi, Rashtriya Janata Dal (RJD) chief Lalu Prasad Yadav said that "even a butcher is shy" of the BJP leader who was aiming to become the Prime Minister of the country. "A butcher is also shy of Narendra Modi. Will this man become the PM of India?," Prasad said...
  • TMC's tirade against Modi continues, Mamata Banerjee calls him a 'devil' April 28, 2014

    Kolkata: The war of words between Narendra Modi and Trinamool Congress is getting bitter and dirtier. After Derek O'Brien's salvo, party chief Mamata Banerjee has now called Modi a "devil" and "dangerous man". The Trinamool Congress has been lashing out at Modi after he targeted Mamata over the Saradha chit fund...
  • 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...
  • Lok Sabha polls: Saradha scam emerges as major issue in West Bengal April 22, 2014

    The multi-crore Saradha ponzi scam has emerged as a major poll plank in the Lok Sabha elections in West Bengal with major political parties like the Congress, BJP and CPM training their guns against the ruling Trinamool Congress. With the CPM demanding a CBI probe into the scam that defrauded lakhs...
  • 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...