Kolkata: A city court on Saturday remanded Trinamool Congress Rajya Sabha MP Srinjoy Bose to judicial custody on a prayer by CBI, which had arrested him for alleged complicity in the multicrore Saradha chitfund scam.
Rejecting Bose's bail prayer, additional chief judicial magistrate of Alipur Court Kingshuk Sadhu remanded him to judicial custody till December five.
Bose, who was in CBI custody since his arrest on November 21, prayed that he be released on bail as he was unwell and submitted that he would comply with any condition given by the court.
The CBI counsel opposing it prayed for Bose's judicial remand claiming that he was an influential person and if released on bail could try to influence witnesses.
The investigating agency had got Bose in its custody for a total of seven days for interrogation and prayed that he be sent on judicial remand.
According to the earlier submission by his counsel, the MP was in no way connected with the dealings of Saradha Group and his newspaper establishment 'Sangbad Pratidin', of which he is the editor and publisher was a mere service provider in terms of news content and programmes to Saradha group chief Sudipto Sen-owned TV channel for which a fee was charged.
The prosecution submitted that huge money had been given to 'Sangbad Pratidin' by the Saradha Group, raised through various schemes, out of which a substantial portion was diverted.