Kolkata: The Trinamool Congress MP, Kunal Ghosh was on Monday summoned by the Bidhannagar Police for interrogation over the multicrore Saradha chit fund scam. Saradha group promoter Sudipta Sen and his aide Debjani Mukherjee had alleged that Kunal Ghosh had played a role in the fraud. Ghosh, however, denied all the charges against him, alleging it was a conspiracy. "Lies are being spread about me. The probe will bring out...
06:05 PM, Apr 29, 2013
Kolkata: Sudipta Sen, Saradha group chairman accused of duping lakhs of investors, has allegedly swindled 2500 of his employees of their provident fund money, according to sources. Sources said that the amount never got deposited in their respective PF accounts. A team of ED officials from Kolkata have started looking at the financial trail and the use of money. ED officials are also looking into Sudipta Sen's bank accounts, sources...
05:46 PM, Apr 29, 2013
Kolkata: Congress workers on Monday went on a rampage over the West Bengal chit fund scam in Kolkata. They took to the streets in Kolkata demanding a CBI probe and the arrest of Trinamool Congress MP Kunal Ghosh. The protesters burned effigies, broke barricades and also clashed with the police. Some of the protesters were taken into custody by the police. Meanwhile, day one of the special Assembly session was...
03:48 PM, Apr 29, 2013
The Centre is investigating the West Bengal chit fund schemes with the Corporate Affairs Ministry setting up a special panel. ...
03:30 PM, Apr 29, 2013
Kolkata: Day one of West Bengal Chief Minister Mamata Banerjee's Assembly test has been deferred. The West Bengal Assembly has been adjourned for the day after an obituary reference. A special 2-day session had been called by Governor MK Narayanan to discuss the chit fund scam. It has not just wiped away crores of investor money but also put several TMC and Congress ministers under scrutiny. The government is hoping...
12:23 PM, Apr 29, 2013
Kolkata: West Bengal Chief Minister Mamata Banerjee is getting ready to face the Opposition fire in the state Assembly. A special 2-day session has been called by Governor MK Narayanan from Monday to discuss the chit fund scam in the state. It has not just wiped away crores of investor money but also dragged the Trinamool Congress and Congress ministers into the mess. The scam is also getting bigger with...
10:44 AM, Apr 29, 2013
Kolkata: The West Bengal chit fund is getting bigger each day. It has now turns out that ponzi schemes in the state financed not just media houses but Tollywood films as well. In the past four years, at least one in three films has been produced by groups that run ponzi schemes. Rose Valley, a deposit-taking company which is now under the MCA scanner, has produced 18 films including three...
08:42 AM, Apr 29, 2013
Kolkata: Scam-ridden Saradha Group boss Sudipta Sen, arrested for being the alleged kingpin of the multi-billion rupee chit fund scam, was grilled by Assam Police in the cases of fraud and forgery lodged against him in the state, police sources in Kolkata said on Sunday. A team of police officers from Assam quizzed Sen on Saturday and Sunday about the four cases filed against his group companies in the northeastern...
04:16 AM, Apr 29, 2013
Kolkata: Sudipta Sen, Saradha group chairman accused of duping lakhs of investors, is cooperating with investigators, his lawyer claimed on Sunday. As per court order he was present when Sen was interrogated, Samir Das, Sen's lawyer said. Sen, along with Ponzi scheme director Debjani Mukherjee and company official Arvind Singh Chouhan have been remanded to police custody for 14 days. Chouhan, who has been kept in a separate place, is...
09:48 PM, Apr 28, 2013
Kolkata: Demanding CBI inquiry into Saradha Group chit fund scam, CPI(M) on Sunday accused West Bengal Chief Minister Mamata Banerjee's nephew of being involved in ponzi schemes and said she should come clean on the issue. "Mamata Banerjee's nephew Abhishek Banerjee, who is the leader of Trinamool Congress Yuva, runs a company which is involved in real estate and micro-finance and has made a huge amount of money in the...
09:20 PM, Apr 28, 2013
Siliguri: Sailen Nath Roy, who had made his way to the Guinness Book of World records for his stunts, died in Siliguri on Sunday while performing a rope stunt over Teesta river at Sevoke. Roy (45) was crossing the turbulent river by hanging from a pulley tied to his ponytail this afternoon. The tragedy took place when the pulley got stuck and he could not move it despite attempts. The...
08:50 PM, Apr 28, 2013
Kolkata: Angry relatives of a woman on Sunday vandalised a hospital in Burdwan after one of her newborn twins died. The rampaging men were caught on camera raiding the hospital, severely beating up nurses and other medical staff and damaging hospital equipment. The nurses were injured and are now under medical care. The attack happened despite the hospital authorities asking for police protection which obviously did not arrive on time....
07:34 PM, Apr 28, 2013
Berhampore: A man and his aide were arrested on Sunday for allegedly killing his 10-year-old daughter when she protested his attempts to sell her at Jalangi in Murshidabad district. "Bablu Ghosh and his aide were arrested for strangulating his daughter Rinki Ghosh. Rinki was a student of class-III. Local villagers informed the police on Sunday morning after finding the body on the side of a pond at Chak Chaitanghoshpara village,"...
06:10 PM, Apr 28, 2013
New Delhi: JSW Steel has put on hold plans to set up a 10 million tonnes steel plant in West Bengal as it has not been able to secure long-term iron ore supplies for the Rs 35,000 crore project. "It is stalled right now, it's on hold. Unless we are going to fix the iron ore matter, unless we have the visibility of iron ore, we can not move ahead....
01:55 PM, Apr 28, 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
Trinamool Congress Rajya Sabha 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. ...
06:27 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
Trinamool Congress Rajya Sabha 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. He also wrote a letter (in Bengali) to West Bengal Chief Minister Mamata Banerjee that has been displayed on the party website. Following is the English translation of the letter: To Mamata Banerjee, All India Trinamool Congress Respected leader, I...
01:55 PM, Apr 27, 2013
