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
- Panel discussion on BJP MLAs assaulting legislator Rashid inside J&K Assembly
- Watch: How Russian special forces Spetsnaz will end terror of ISIS
- Watch: Man beheads wife; roams on streets with severed head in Pune
- Vladimir Putin's attack on ISIS making America and NATO nations uneasy?
- Greater Noida women blames UP police for stripping off their clothes
- Latest condition of Navjot Singh Sidhu: Sherry Paaji making steady recovery!
- FIR against Asaduddin Owaisi for posting objectionable picture of Yogi Adityanath on Facebook
- Man beheads wife over suspicion of illicit relationship, walks on road with her head
- Shocking! Saudi employer chops off Indian maid's hands
- Porn survey: Delhi no 1; 'animal porn' in Pune