Saradha

  • Saradha chit fund scam: A year on, duped investors remain penniless 23 hours 4 minutes ago

    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...
  • Saradha scam: CBI custody of accused businessman extended 3 days ago

    Kolkata: A city court on Wednesday extended the CBI custody of city-based 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...
  • CBI custody of Saradha accused Debabrata Sarkar extended by three days 4 days ago

    Kolkata: A city court on Tuesday sent top East Bengal Club official Debabrata Sarkar, an accused in the Saradha chit fund scam, to further three days' CBI custody while it remanded main accused Sudipta Sen to judicial custody till September eight. The Additional Chief Judicial Magistrate (ACJM) Alipore Court sent...
  • Saradha scam: CBI now nabs Kolkata businessman 6 days ago

    Kolkata: The Central Bureau of Investigation (CBI) on Saturday arrested Kolkata businessman Sandhir Agarwal in connection with the multi-crore rupee Saradha scam, an official said. "Following interrogation, Sandhir Agarwal has been arrested. He will be presented before a court Sunday," a CBI spokesperson said. This is the second arrest made by the...
  • 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...
  • Saradha scam: CBI arrests East Bengal club official Debabrata Sarkar August 20, 2014

    New Delhi: CBI on Wednesday arrested an official of East Bengal football club Debabrata Sarkar in connection with Saradha chit fund scam in which deposits of thousands of investors were allegedly swindled by ponzi companies. CBI sources said Sarkar was allegedly the middleman between the Saradha group and regulatory bodies like...
  • India @ 9 with Anubha Bhonsle August 18, 2014

    Catch the day's top stories with Anubha Bhonsle on India @ 9. ...
  • 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...
  • Saradha scam: TMC minister says he took only Rs 8 lakh for personal use August 18, 2014

    Trinamool Congress leader and West Bengal Textile Minister Shyamapada Mukherjee is slated to appear before the agency for questioning in connection with the multi-crore-rupee Saradha chit fund scam. The first state minister to be questioned in the scam, Mukherjee has been summoned regarding the transaction of a plot of land...
  • Saradha scam: Enforcement Directorate quizzes national award winning filmmaker Aparna Sen August 18, 2014

    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 scam: CBI raids 56 locations in Odisha, BJD MLA and Congress Youth leader arrested August 16, 2014

    New Delhi: CBI on Saturday conducted searches at 56 places, including the premises of BJD MLA Pravata Tripathy and owner of a local newspaper in Odisha, in connection with the multi-crore Saradha chit fund scam. Searches were carried out at as many as 54 places in Odisha and two in...
  • Saradha scam: Bengal minister Shyamapada Mukherjee summoned August 15, 2014

    Kolkata: West Bengal Textile Minister Shyamapada Mukherjee has been summoned by the Enforcement Directorate (ED) which is probing the multi-crore Saradha chit fund scam. "I have been asked by the Enforcement Directorate to appear before it regarding a sale of land to the Saradha Group which I did in 2009. I...
  • Saradha scam: CBI arrests director, MD of Green India Infra Projects August 7, 2014

    New Delhi: In the latest development in the Saradha Chit Fund scam, CBI has arrested director Pradeep Singh and managing director, Sunil Panda of Green India Infra Projects Limited. The duo had been on the run for the last seven months. Searches are also being conducted at 20 different locations...
  • Saradha scam: BJD MP's home searched by CBI July 31, 2014

    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 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...
  • 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...