KOLKATA: Sudipto Sen, the promoter of the chit fund funded by the Saradha Group, was arrested from Sonmarg in Jammu and Kashmir on Tuesday with two of his associates, police said.
“Based on information provided by the West Bengal Police, three people were detained by us from the Sonamarg tourist resort in Ganderbal district on Tuesday,” a senior Jammu and Kashmir police officer said.
“The three detained people were brought down to Ganderbal district headquarters where an officer of the West Bengal police who came on Tuesday identified them as the main accused and two other people involved in the West Bengal chit fund scam,” the officer said.
The other two have been identified as Debjani Mukhopadhya and Arvind Singh Chauhan.
Police sources said a larger team of other senior West Bengal police officers investigating the scam is arriving on Wednesday to take custody of the arrested accused.
A high-level commission formed by the West Bengal government to probe the chit fund scam will start work soon, a senior minister said on Tuesday.
The state cabinet on Tuesday ratified the decision to set up the commission headed by retired Calcutta High Court Judge Shyamal Sen.
The commission will probe financial irregularities of the chit fund funded by the Saradha Group that went bust, affecting lakhs of depositors — mainly in small towns and rural areas — who had parked their hard-earned money with the company.
“It will primarily look into the activities of the Saradha Group and similar companies,” said state Industries Minister Partha Chatterjee.
“The notification in this respect will be issued fast,” the minister said, and appealed to all those who have allegations against the group or other such companies to approach the commission.
“The commission will also come out with newspaper advertisements on this,” he said.
Set up under the Commissions of Inquiry Act, 1952, the panel will have four other members, one of them a retired Indian Police Service officer.
The other members would be from the corporate world, public life, besides an economist, Chief Minister Mamata Banerjee had announced on Monday.
Banerjee had also said the state government was ready with the draft of a strong bill to bring to book those duping the people.
But the legislation could not be introduced as the central government was yet to return an old bill passed in the state assembly and sent for presidential assent during the erstwhile Left Front regime.
Indo-Asian News Service