Saradha

Saradha chitfund scam accused Madan Mitra admitted to hospital

Saradha chitfund scam accused West Bengal Minister Madan Mitra was admitted to a private hospital here on Tuesday morning as CBI moved Calcutta High Court seeking cancellation of his bail.

Nov 03, 2015, 12:46 PM IST

CBI registers 5 more cases in Saradha scam

The CBI has registered five more cases in connection with the chit fund scam in Assam arising out of alleged financial bunglings by West Bengal-based Saradha group of companies.

Aug 24, 2015, 18:51 PM IST

Saradha, Rose Valley illicitly raised Rs 12,740 cr: Govt

Probing illicit fund raising by Kolkata-based companies, Ministry of Corporate Affairs has found that group firms of Saradha and Rose Valley mobilised amounts to the tune of Rs 12,740 crore.

Feb 24, 2015, 17:54 PM IST

Saradha scam: Supplementary chargesheet against Trinamool leaders

The CBI on Wednesday filed its supplementary chargesheet in the Saradha scam accusing West Bengal minister Madan Mitra, former Trinamool Congress MP Srinjoy Bose and suspended party MP Kunal Ghosh of cheating even as it shifts its focus to the role of regulatory bodies.

Feb 18, 2015, 19:33 PM IST

Saradha scam: CBI to file supplementary chargesheet this week

The Special Crime Branch of CBI probing the multi-crore Saradha scam will file a supplementary chargesheet by this week, a source in the investigating agency said.

Feb 17, 2015, 14:33 PM IST

Saradha accused Bengal minister not cooperating: CBI

West Bengal Transport Minister Madan Mitra, behind bars in connection with the multi-crore rupee Saradha scam, has not been cooperating in the investigations, the CBI Friday told a city court during the Trinamool Congress leader`s appearance.

Jan 30, 2015, 22:15 PM IST
Saradha chit-fund scam: Mukul Roy quizzed by CBI, wants actual truth to come out

Saradha chit-fund scam: Mukul Roy quizzed by CBI, wants actual truth to come out

Trinamool Congress general secretary Mukul Roy was on Friday questioned for nearly five hours by the CBI in connection with the Saradha chit fund scam and later said he wanted the truth to come out and that justice should reach the poor who kept their money in the company.

Jan 30, 2015, 08:35 AM IST

BJP member's notice in LS for discussion on Saradha chit fund scam

In a move aimed at embarrassing Trinamool Congress, a BJP member has given a notice in the Lok Sabha for a discussion on Sharada and other chit fund scams in the country.

Dec 08, 2014, 21:03 PM IST

Saradha chit fund scam: Govt returns fire, says Mamata 'helping accused'

Rejecting her allegation that the Centre was pursuing a "selective vendetta" against TMC, Union minister M Venkaiah Naidu on Monday said that by making such claims, West Bengal Chief Minister Mamata Banerjee was "helping" those who are involved in criminal cases.

Nov 24, 2014, 21:34 PM IST

Jaitley slams Mamata over Saradha, Burdwan blast, Trinamool hits back

Union Finance Minister Arun Jaitley Sunday attacked at West Bengal Chief Minister Mamata Banerjee for her reactions to arrest of her Trinamool Congress's leaders in the Saradha chit fund scam and on her statements in the Burdwan blast case. The Trinamool hit back, seeking to know the source of BJP's massive funds spent during the elections.

Nov 23, 2014, 23:05 PM IST

After West Bengal, Odisha emerges as another ponzi hotbed

As regulator Securities and Exchange Board of India​ (SEBI) continues its clampdown on ponzi schemes, it has found Odisha to be a major hotbed for such illegal fund-raising activities with investors being duped in name of jatropha bushes and gold investments.

Nov 04, 2014, 12:53 PM IST

CBI to file first chargesheet in Saradha scam by October end

The Special Crime Branch of Central Bureau of Investigation (CBI), which started probing the Saradha multi-crore rupees ponzi scheme scam four months ago, would file the first chargesheet by October end.

Oct 07, 2014, 15:27 PM IST

Saradha chit-fund scam: CBI gets five days custody of Sadanand Gogoi

The Special Crime branch of CBI on Saturday got five days police custody of Assamese singer Sadanand Gogoi, who was arrested yesterday in the city in connection with the Saradha ponzi scheme scam.

Sep 13, 2014, 20:16 PM IST

RBI to redefine deposits as ponzi scams mount

In the wake of unearthing of multiple unauthorised deposit raising schemes and scams such as Saradha and PACL, RBI Deputy Governor R Gandhi on Monday said the Reserve Bank is working with the government on redefining as to what constitutes a deposit.

Aug 25, 2014, 20:35 PM IST

SC Saradha order a personal political defeat for Mamata: Congress

Welcoming the Supreme Court order directing CBI to probe the multi-crore Saradha chit fund scam, the Congress on Friday described it as a "personal political defeat" of Trinamool Congress supremo Mamata Banerjee while the BJP said that the TMC stood "badly exposed".

May 09, 2014, 22:59 PM IST

CBI probe into Saradha scam should uncover political nexus: Left

Attacking Trinamool Congress for opposing CBI investigation into Saradha scam, Left parties welcomed the Supreme Court directions for such a probe and demanded that the agency should uncover the "political nexus" behind the swindling of funds and associated money laundering.

May 09, 2014, 16:15 PM IST

West Bengal government welcomes SC order on CBI probe into Saradha

The West Bengal government welcomed the Supreme Court verdict asking the CBI to probe the Saradha chit fund scam in which lakhs of investors were cheated of their money in the state and elswhere.

May 09, 2014, 15:34 PM IST

Saradha investors block trains in West Bengal

Investors in Saradha, who had suffered due to the scam, blocked rail traffic in the Sealdah rail section in West Bengal`s North 24 Parganas district.

May 02, 2014, 10:07 AM IST

BJP says it too will file defamation suit

With the Trinamool Congress threatening a defamation case against Narendra Modi for asking about the identity of a buyer of a Mamata Banerjee painting, the BJP said it would do the same.

Apr 29, 2014, 16:20 PM IST

Kunal Ghosh summoned for sixth time by police

Dissident Trinamool Congress MP Kunal Ghosh was summoned for the sixth time during the month by the Bidhanagar police for questioning regarding the Saradha chitfund scam case.

Oct 10, 2013, 15:20 PM IST