Saradha Group chief Sudipta Sen, the prime accused in the multi-crore rupees ponzi scheme scam, was sent to 14 days judicial custody by a local court in connection with a case filed by a retired soldier.
The CBI on Wednesday raided the Kolkata residence of Trinamool Congress actor-MP Tapas Paul and 42 other locations of the Rose Valley Group across India in connection with a multi-crore-rupee chit fund scam.
Facing the biggest crisis in its 125-year history, Mohun Bagan will hope the acute financial situation and a difficult build-up does not reflect on the club's showing when it kicks off its I-League football tournament campaign against Mumbai FC here on Sunday.
Suspended Trinamool Congress MP Kunal Ghosh, who recently made an alleged suicide attempt, on Monday claimed that he would not get justice and that it was a life and death fight for him in the Saradha scam case in which he is an accused.
CBI on Friday registered two fresh cases against as many companies in West Bengal in connection with chit fund scam in which thousands of investors, lured by higher interests, were duped of their deposits.
After days of lying low since allegation surfaced about his association with the tainted Saradha group, West Bengal transport minister Madan Mitra on Tuesday came out in self-defence, claiming he had not done anything wrong.
State BJP president Rahul Sinha has written a letter to Union Home Minister Rajnath Singh demanding better security arrangements for Saradha group chief Sudipto Sen and suspended TMC MP Kunal Ghosh apprehending security threat to them.
The CPI-M Monday sought a central government probe into allegations that the Saradha Group scam money was channelised to Bangladesh to fund terror acts against India and challenged West Bengal Chief Minister Mamata Banerjee to seek a clean chit from the CBI on the scandal.
With allegations surfacing that Saradha Group was favoured in getting a contract from IRCTC, a railway catering and tourism wing, State Congress president Adhir Chowdhury on Thursday demanded that West Bengal Chief Minister Mamata Banerjee resign from her post till Saradha probe was over.
A city court Monday granted bail to Santanu Ghosh, chairman of city-based company Xenitis Group, who was arrested by the Enforcement Directorate for his alleged monetary links with multi-crore chitfund scam accused Sudipta Sen of Saradha Group.