SC issues notice over Saradha chit fund scam
New Delhi: The Supreme Court on Thursday issued notice to the centre, West Bengal government, CBI and Securities and Exchange Board of India on a petition seeking transfer of the Saradha chit fund scam investigation to the premier probe agency.
The apex court bench, headed by Chief Justice Altamas Kabir, issued notice on a PIL that had also sought Central Bureau of Investigation (CBI) probe into the functioning of all other chit fund companies in the country, as it contended that most of them were indulging in illegal activities.
The West Bengal government, present as a caveator, said they were opposing the PIL as the Calcutta High Court is monitoring the investigation into the Saradha chit fund scam by a special investigating team.
"We are not concerned with it," the court said, directing that the notices were returnable within three weeks.
The court has been moved by two PIL petitioners Subrata Chattoraj and Pritam Kumar Singha Ray.
More from India
More from World
More from Sports
More from Entertaiment
- Is this for real: Ajinkya Rahane bizarre shot went for six, concerned Virat Kohli settles with smile — WATCH
- WATCH: Tom Latham takes IMPOSSIBLE catch to dismiss Faf du Plessis
- Azam Khan demands ban on cow slaughter across India, says Muslims should stop eating beef
- Asaduddin Owaisi asks Centre to clarify policy on buffalo meat export, Nirmala Sitharaman gives apt reply
- Sunil Grover to return as Dr Mashoor Gulati!