Classifieds | Archives | Jobs | About TGT | Contact | Subscribe
 | 
Last updated 2 hours, 18 minutes ago
Printer Friendly Version | TGT@Twitter | RSS Feed |
HOME LOCAL MIDEAST ASIA WORLD BUSINESS SPORT OPINION WRITERS
Bengal chit fund promoter arrested in Kashmir
April 24, 2013
 Print    Send to Friend

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
 

Add this page to your favorite Social Bookmarking websites
Comments
 
Post a comment
 
Name:
Country:
City:
Email:
Comment:
 
    
    
Related Stories
Vyapam scam dean found dead in Delhi
New Delhi: Arun Sharma, the dean of a medical college in Madhya Pradesh assisting the police probing the Vyapam scam, was on Sunday found dead in a hotel room, police sai..
Security forces conduct search operations in Kashmir
Srinagar: The security forces conducted searches near the Line of Control (LoC) in Uri Sector of north Kashmir region in north Indian state of Jammu and Kashmir as the op..
ED files five new FIRs in coal scam probe
New Delhi: The Enforcement Directorate (ED) of India has registered five fresh money laundering cases against firms in various parts of the country as part of its crimina..
Goa ‘examining’ pardon for convicted ex-minister
Panaji: The Goa government is “examining” a request from the partner of former minister Francisco Pacheco, who is serving a six month sentence following his conviction in..
Stalin denies slapping Metro passenger
CHENNAI: Tamil Nadu opposition Dravida Munnetra Kazhagam (DMK) treasurer MK Stalin has been caught in a storm over his alleged slapping of a passenger on a Chennai Metro ..
 
FRONTPAGE
 
GALLERY
 
PANORAMA
 
TIME OUT
 
SPORT
 
 
Advertise | Copyright