Kolkata: Saradha Group director and close associate of Sudipta Sen, Debjani Mukherjee was on Monday remanded in judicial custody till May 31 by the Bidhanagar court.
Mukherjee, who failed to present herself before the Bidhanagar Court a few days back due to ill health, was produced before the Additional Chief Judicial Magistrate (Bidhannagar), who remanded her to judicial custody till May 31.
Yesterday Sudipta Sen, chairman and managing director of Saradha Group which is accused of duping thousands of poor investors in West Bengal and a few other states, was remanded to 10 days' police custody.
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11:03 PM, May 20, 2013
Kolkata: After two years of rule, Chief Minister Mamata Banerjee appears to have squandered the overwhelming mandate voters gave her, but as West Bengal gears up for panchayat polls, it seems that the TMC has the advantage as the Left is yet to regroup. Rattled by the Saradha meltdown and a spate of suicides, Trinamool faces the uphill task of addressing cries of lakhs of anguished investors and agents. With...
07:59 AM, May 20, 2013
Jalpaiguri: A daily wage farm labourer on Monday allegedly attempted to commit suicide after losing money in Saradha chit fund scam. Sixteen-year-old Sahanur Rahman tried to end his life by drinking pesticide Monday morning at his home near here, the police said. He had invested Rs 75,000 with Saradha chit fund group after being lured by a promise of higher returns, sources said. He was in depression since the chit...
02:39 PM, May 13, 2013
New Delhi: The Left parties on Thursday sought a court-monitored CBI probe into the West Bengal chit fund scam and accused the Trinamool Congress-led government of not intervening to check activities of companies with suspicious financial dealings in the state. Senior leaders of Communist Party of India-Marxist, the Communist Party of India, the Revolutionary Socialist Party and Forward Bloc met President Pranab Mukherjee and Prime Minister Manmohan Singh separately and...
03:25 AM, May 10, 2013
India accounts for 3,09,000 baby deaths every year on the first day of their birth, 29 per cent of such deaths around the world. What are the factors responsible for this and how can it be fixed? Save the Children's advocacy director Nirupama Sarma joined IBNLive readers for an interaction on the issue. Q. What are the factors responsible for this and how can it be fixed? Asked by: yamini...
06:25 PM, May 07, 2013
Kolkata: The CBI on Tuesday filed an affidavit in Calcutta High Court stating that it is ready to take up investigation into the Saradha chit fund scam if directed by the court. The investigative agency stated that the court must also direct the West Bengal government and all other State governments concerned to provide all necessary logistical support to them in case the court directs the CBI to take up...
02:32 PM, May 07, 2013
New Delhi: More than 4,00,000 babies across South Asia die right after their birth, reveals a new study. The report also indicates that chronic malnourishment which leads to mental or physical impairment is particularly severe in the region. The report's birth day risk index shows that of the one million babies who die each year on the day they are born, almost 40 per cent of these are in India,...
11:36 AM, May 07, 2013
Kolkata: With the Mamata Banerjee regime readying to crack the whip on the chit funds by bringing a new Bill, a debate has begun whether it will stand up to judicial scrutiny as the government has apparently decided to implement the law with retrospective effect. The West Bengal Protection of Interest of Depositors in Financial Establishments Bill, 2013 will have retrospective effect, Parliamentary Affairs Minister Partha Chatterjee said. It will...
10:44 AM, Apr 28, 2013
Meanwhile, TMC MP Kunal Ghosh, one of the two accused of blackmailing Saradha group promoter Sudipta Sen, has offered to resign if he is told to do so. ...
09:59 PM, Apr 27, 2013
Transport minister and senior TMC leader Madan Mitra said that he was never the president of any employees association of the Saradha Group. ...
06:58 PM, Apr 27, 2013
Kolkata: One more investor, who had deposited money in chit fund company Saradha Group, on Saturday committed suicide. Tapan Biswas, a resident of Purulia, allegedly hanged himself. Tapan had invested Rs 4 lakh with the chit fund company. He was reportedly depressed after Saradha went bust. This is the fourth suicide, including three investor and one agent, after the chit fund company Saradha had gone bust. Meanwhile, the West Bengal...
04:41 PM, Apr 27, 2013
Kolkata: An FIR has been filed against Trinamool Congress Rajya Sabha MP Kunal Ghosh, Saradha Group chairman Sudipta Sen and six others for non-payment of salaries to employees of a television channel run by the chit fund company. The FIR was filed on Thursday night at the Park Street police station by 21 employees of Channel 10 stating that they were not paid salaries by the company which also did...
08:52 PM, Apr 26, 2013
It isn't just the TMC, but the Congress too that has to answer questions in the West Bengal chit fund controversy. ...
10:31 PM, Apr 25, 2013
Kolkata: As the chit fund meltdown is spreading like a contagion in rural Bengal, a 50-year-old woman, who had deposited Rs 30,000 in Saradha Group, on Sunday, succumbed to her injuries after she set herself on fire. The woman set herself on fire on Saturday evening at her home after coming to know that the company had gone bust. Meanwhile, the Mamata government is on the defensive with the Left...
08:42 AM, Apr 22, 2013
Kolkata: Communist Party of India-Marxist (CPI-M) leader Asim Dasgupta on Sunday urged the central government to step in and launch a probe by the Central Bureau of Investigation (CBI) into the collapse of chit fund-funded company Saradha Group. Dasgupta, a noted economist who held the finance portfolio for 24 years during the Left Front rule, also rejected allegations that chit fund companies had flourished during the LF regime. "My question...
04:23 AM, Apr 22, 2013
Kolkata: A 50-year-old woman, who had deposited money in chit fund company Saradha Group, on Sunday succumbed to her injuries after she set herself on fire, while a man tried to poison himself, even as political parties traded charges over the scandal. Urmila Pramanik, a resident of Baruipur in South-24 Parganas district, who had invested Rs 30,000 with the chit fund company, set herself on fire on Saturday evening at...
10:23 PM, Apr 21, 2013
Kolkata: Threatening to file defamation suit against CPI(M) leaders for alleging that he had received crores from absconding Saradha Group chairman Sudipta Sen, TMC general secretary Mukul Roy on Sunday said the government will take steps to book the accused and protect investors' interest. "These are baseless allegations. I will file a defamation suit against them (CPI(M) leaders)," Roy said referring to the allegation of his receiving money from the...
09:14 PM, Apr 21, 2013
Kolkata: Mamata Banerjee's government feels the heat as one of the largest chit fund companies in West Bengal collapses. Fearing a backlash from upset investors, thousands of the Saradha Group agents have gathered in Kolkata seeking state government's intervention. But the company's proximity to the Trinamool Congress has put the government in a corner. "If the government does something for us, then it's fine. Then they'll get votes else we...
08:05 AM, Apr 21, 2013
Kolkata: The opposition Congress on Saturday accused West Bengal's ruling Trinamool Congress government of having close links with chit fund-funded Saradha Group, which has gone bust, and demanded probe by the CBI and capital market regulator SEBI. "The state government has very close relations with a few groups and people, and it stopped the government from taking appropriate actions at the right time," Congress's state unit president Pradip Bhattacharya said....
05:52 AM, Apr 21, 2013
Kolkata: One of the directors of the 'chit fund' company Saradha Group was on Saturday arrested while its Chairman and Managing Director Sudipta Sen was still at large. "We have arrested Manoj Kumar Nagel who is one of the directors of the company from Bidhannagar. We are also looking out for their chairman Sudipta Sen by keeping a vigil at airport and other places," a senior police official at Bidhannagar...
10:25 PM, Apr 20, 2013
