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LATEST NEWS UPDATES | West Bengal chit fund scam: Knives out for tainted Trinamool MPs </title>
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-The Times of India
KOLKATA: The inferno triggered in a million homes by the Saradha meltdown has singed the ruling Trinamool Congress. The heat was palpable at an informal meeting of Trinamool MPs at Parliament's Central Hall on Tuesday when the..."/>
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<h1 class="cat-box-title">West Bengal chit fund scam: Knives out for tainted Trinamool MPs</h1>
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Published on</span><span class="text-date"> Apr 24, 2013</span>
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<div align="justify">-The Times of India</div><p align="justify"><br /><em>KOLKATA: </em>The inferno triggered in a million homes by the Saradha meltdown has singed the ruling Trinamool Congress. The heat was palpable at an informal meeting of Trinamool MPs at Parliament's Central Hall on Tuesday when the knives were out against the tainted partymen who have harmed Didi's Ma-Mati-Manush image.</p><p align="justify">With Sudipta Sen in custody, at least two heads in the Trinamool are set to roll, say party insiders.</p><p align="justify">Senior Trinamool MPs Sisir Adhikary , Sudip Bandyopadhyay and Saugata Roy have started putting pressure on the party's all-India general secretary Mukul Roy to throw out the "rotten apples before they rot the entire lot" .</p><p align="justify">Trinamool Rajya Sabha member Kunal Ghosh - in the line of fire as former CEO of Saradha Group Media - was present at the meeting. Adhikary held that the tainted Trinamool MPs and ministers should put in their papers.</p><p align="justify">Even Mamata Banerjee's defence of Ghosh couldn't silence the rumblings of discontent. The dissent has sparked speculation that the pressure group might seize this opportunity to corner Mukul loyalists within the party. The mood is similar among senior Trinamool ministers, some of whom want Mamata to purge those caught in the Saradha muddle.</p><p align="justify">Apart from Somen Mitra and Abu Hasem Khan Chowdhury, who blew the whistle against chit funds, consumer affairs minister Sadhan Pandey is also displeased with the developments . Mamata is aware of the dissent that is likely to get shriller in the event of early Lok Sabha polls.</p><p align="justify">What annoys her most is the plight of the poor households in urban and rural Bengal who stood by her during poribartan. Sudipta Sen's arrest makes little difference to these families unless the government recovered the money.</p><p align="justify">According to Trinamool district leaders, the Saradha meltdown has cast a shadow on depositors of other such firms whose collapse would make the situation even worse.</p><p align="justify">The state government may see Sudipta Sen's arrest as the first success in busting the fraud, but recovering the money for the depositors will be much harder since the Saradha Group CMD had been siphoning off funds from the bank accounts for quite some time. According to police, very little money is left in the Saradha bank accounts that they have been able to identify so far.</p><p align="justify">Some Trinamool leaders are looking at a powerful legislation to attach the company's assets along with the properties of the Saradha directors, but the CM is not in a tearing hurry to promulgate an ordinance and land into a legal mess.</p><p align="justify">The government has started consulting lawyers over a legislation that has to be in line with the existing central Acts, say sources.</p><p align="justify">Leader of the Opposition Surjya Kanta Mishra on Tuesday demanded steps against the other ponzi funds in consultation with the central agencies - RBI and Sebi. With the muck in the public eye, Trinamool leaders are making a desperate bid to prevent CPM and Congress from drawing political mileage out of the scam.</p><p align="justify">Taking a dig at the CPM trying to take the moral high ground on the issue, Derek said: "The CPM could have requested the UPA government while giving it outside support between 2004 and 2008 to push a law to help innocent people from chit funds and their promoters." </p>
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<br><a href="http://timesofindia.indiatimes.com/city/kolkata/West-Bengal-chit-fund-scam-Knives-out-for-tainted-Trinamool-MPs/articleshow/19708014.cms" class="re" target="_blank">The Times of India, 24 April, 2013, http://timesofindia.indiatimes.com/city/kolkata/West-Bengal-chit-fund-scam-Knives-out-for-tainted-Trinamool-MPs/articleshow/19708014.cms</a><div class="clear"></div>
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<h1 class="cat-box-title">West Bengal chit fund scam: Knives out for tainted Trinamool MPs</h1>
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Published on</span><span class="text-date"> Apr 24, 2013</span>
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<div align="justify">-The Times of India</div><p align="justify"><br /><em>KOLKATA: </em>The inferno triggered in a million homes by the Saradha meltdown has singed the ruling Trinamool Congress. The heat was palpable at an informal meeting of Trinamool MPs at Parliament's Central Hall on Tuesday when the knives were out against the tainted partymen who have harmed Didi's Ma-Mati-Manush image.</p><p align="justify">With Sudipta Sen in custody, at least two heads in the Trinamool are set to roll, say party insiders.</p><p align="justify">Senior Trinamool MPs Sisir Adhikary , Sudip Bandyopadhyay and Saugata Roy have started putting pressure on the party's all-India general secretary Mukul Roy to throw out the "rotten apples before they rot the entire lot" .</p><p align="justify">Trinamool Rajya Sabha member Kunal Ghosh - in the line of fire as former CEO of Saradha Group Media - was present at the meeting. Adhikary held that the tainted Trinamool MPs and ministers should put in their papers.</p><p align="justify">Even Mamata Banerjee's defence of Ghosh couldn't silence the rumblings of discontent. The dissent has sparked speculation that the pressure group might seize this opportunity to corner Mukul loyalists within the party. The mood is similar among senior Trinamool ministers, some of whom want Mamata to purge those caught in the Saradha muddle.</p><p align="justify">Apart from Somen Mitra and Abu Hasem Khan Chowdhury, who blew the whistle against chit funds, consumer affairs minister Sadhan Pandey is also displeased with the developments . Mamata is aware of the dissent that is likely to get shriller in the event of early Lok Sabha polls.</p><p align="justify">What annoys her most is the plight of the poor households in urban and rural Bengal who stood by her during poribartan. Sudipta Sen's arrest makes little difference to these families unless the government recovered the money.</p><p align="justify">According to Trinamool district leaders, the Saradha meltdown has cast a shadow on depositors of other such firms whose collapse would make the situation even worse.</p><p align="justify">The state government may see Sudipta Sen's arrest as the first success in busting the fraud, but recovering the money for the depositors will be much harder since the Saradha Group CMD had been siphoning off funds from the bank accounts for quite some time. According to police, very little money is left in the Saradha bank accounts that they have been able to identify so far.</p><p align="justify">Some Trinamool leaders are looking at a powerful legislation to attach the company's assets along with the properties of the Saradha directors, but the CM is not in a tearing hurry to promulgate an ordinance and land into a legal mess.</p><p align="justify">The government has started consulting lawyers over a legislation that has to be in line with the existing central Acts, say sources.</p><p align="justify">Leader of the Opposition Surjya Kanta Mishra on Tuesday demanded steps against the other ponzi funds in consultation with the central agencies - RBI and Sebi. With the muck in the public eye, Trinamool leaders are making a desperate bid to prevent CPM and Congress from drawing political mileage out of the scam.</p><p align="justify">Taking a dig at the CPM trying to take the moral high ground on the issue, Derek said: "The CPM could have requested the UPA government while giving it outside support between 2004 and 2008 to push a law to help innocent people from chit funds and their promoters." </p>
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<br><a href="http://timesofindia.indiatimes.com/city/kolkata/West-Bengal-chit-fund-scam-Knives-out-for-tainted-Trinamool-MPs/articleshow/19708014.cms" class="re" target="_blank">The Times of India, 24 April, 2013, http://timesofindia.indiatimes.com/city/kolkata/West-Bengal-chit-fund-scam-Knives-out-for-tainted-Trinamool-MPs/articleshow/19708014.cms</a><div class="clear"></div>
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<h1 class="cat-box-title">West Bengal chit fund scam: Knives out for tainted Trinamool MPs</h1>
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Published on</span><span class="text-date"> Apr 24, 2013</span>
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<div align="justify">-The Times of India</div><p align="justify"><br /><em>KOLKATA: </em>The inferno triggered in a million homes by the Saradha meltdown has singed the ruling Trinamool Congress. The heat was palpable at an informal meeting of Trinamool MPs at Parliament's Central Hall on Tuesday when the knives were out against the tainted partymen who have harmed Didi's Ma-Mati-Manush image.</p><p align="justify">With Sudipta Sen in custody, at least two heads in the Trinamool are set to roll, say party insiders.</p><p align="justify">Senior Trinamool MPs Sisir Adhikary , Sudip Bandyopadhyay and Saugata Roy have started putting pressure on the party's all-India general secretary Mukul Roy to throw out the "rotten apples before they rot the entire lot" .</p><p align="justify">Trinamool Rajya Sabha member Kunal Ghosh - in the line of fire as former CEO of Saradha Group Media - was present at the meeting. Adhikary held that the tainted Trinamool MPs and ministers should put in their papers.</p><p align="justify">Even Mamata Banerjee's defence of Ghosh couldn't silence the rumblings of discontent. The dissent has sparked speculation that the pressure group might seize this opportunity to corner Mukul loyalists within the party. The mood is similar among senior Trinamool ministers, some of whom want Mamata to purge those caught in the Saradha muddle.</p><p align="justify">Apart from Somen Mitra and Abu Hasem Khan Chowdhury, who blew the whistle against chit funds, consumer affairs minister Sadhan Pandey is also displeased with the developments . Mamata is aware of the dissent that is likely to get shriller in the event of early Lok Sabha polls.</p><p align="justify">What annoys her most is the plight of the poor households in urban and rural Bengal who stood by her during poribartan. Sudipta Sen's arrest makes little difference to these families unless the government recovered the money.</p><p align="justify">According to Trinamool district leaders, the Saradha meltdown has cast a shadow on depositors of other such firms whose collapse would make the situation even worse.</p><p align="justify">The state government may see Sudipta Sen's arrest as the first success in busting the fraud, but recovering the money for the depositors will be much harder since the Saradha Group CMD had been siphoning off funds from the bank accounts for quite some time. According to police, very little money is left in the Saradha bank accounts that they have been able to identify so far.</p><p align="justify">Some Trinamool leaders are looking at a powerful legislation to attach the company's assets along with the properties of the Saradha directors, but the CM is not in a tearing hurry to promulgate an ordinance and land into a legal mess.</p><p align="justify">The government has started consulting lawyers over a legislation that has to be in line with the existing central Acts, say sources.</p><p align="justify">Leader of the Opposition Surjya Kanta Mishra on Tuesday demanded steps against the other ponzi funds in consultation with the central agencies - RBI and Sebi. With the muck in the public eye, Trinamool leaders are making a desperate bid to prevent CPM and Congress from drawing political mileage out of the scam.</p><p align="justify">Taking a dig at the CPM trying to take the moral high ground on the issue, Derek said: "The CPM could have requested the UPA government while giving it outside support between 2004 and 2008 to push a law to help innocent people from chit funds and their promoters." </p>
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<br><a href="http://timesofindia.indiatimes.com/city/kolkata/West-Bengal-chit-fund-scam-Knives-out-for-tainted-Trinamool-MPs/articleshow/19708014.cms" class="re" target="_blank">The Times of India, 24 April, 2013, http://timesofindia.indiatimes.com/city/kolkata/West-Bengal-chit-fund-scam-Knives-out-for-tainted-Trinamool-MPs/articleshow/19708014.cms</a><div class="clear"></div>
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LATEST NEWS UPDATES | West Bengal chit fund scam: Knives out for tainted Trinamool MPs
West Bengal chit fund scam: Knives out for tainted Trinamool MPs
Published on Apr 24, 2013
Modified on Apr 24, 2013
-The Times of India
KOLKATA: The inferno triggered in a million homes by the Saradha meltdown has singed the ruling Trinamool Congress. The heat was palpable at an informal meeting of Trinamool MPs at Parliament's Central Hall on Tuesday when the knives were out against the tainted partymen who have harmed Didi's Ma-Mati-Manush image.
With Sudipta Sen in custody, at least two heads in the Trinamool are set to roll, say party insiders.
Senior Trinamool MPs Sisir Adhikary , Sudip Bandyopadhyay and Saugata Roy have started putting pressure on the party's all-India general secretary Mukul Roy to throw out the "rotten apples before they rot the entire lot" .
Trinamool Rajya Sabha member Kunal Ghosh - in the line of fire as former CEO of Saradha Group Media - was present at the meeting. Adhikary held that the tainted Trinamool MPs and ministers should put in their papers.
Even Mamata Banerjee's defence of Ghosh couldn't silence the rumblings of discontent. The dissent has sparked speculation that the pressure group might seize this opportunity to corner Mukul loyalists within the party. The mood is similar among senior Trinamool ministers, some of whom want Mamata to purge those caught in the Saradha muddle.
Apart from Somen Mitra and Abu Hasem Khan Chowdhury, who blew the whistle against chit funds, consumer affairs minister Sadhan Pandey is also displeased with the developments . Mamata is aware of the dissent that is likely to get shriller in the event of early Lok Sabha polls.
What annoys her most is the plight of the poor households in urban and rural Bengal who stood by her during poribartan. Sudipta Sen's arrest makes little difference to these families unless the government recovered the money.
According to Trinamool district leaders, the Saradha meltdown has cast a shadow on depositors of other such firms whose collapse would make the situation even worse.
The state government may see Sudipta Sen's arrest as the first success in busting the fraud, but recovering the money for the depositors will be much harder since the Saradha Group CMD had been siphoning off funds from the bank accounts for quite some time. According to police, very little money is left in the Saradha bank accounts that they have been able to identify so far.
Some Trinamool leaders are looking at a powerful legislation to attach the company's assets along with the properties of the Saradha directors, but the CM is not in a tearing hurry to promulgate an ordinance and land into a legal mess.
The government has started consulting lawyers over a legislation that has to be in line with the existing central Acts, say sources.
Leader of the Opposition Surjya Kanta Mishra on Tuesday demanded steps against the other ponzi funds in consultation with the central agencies - RBI and Sebi. With the muck in the public eye, Trinamool leaders are making a desperate bid to prevent CPM and Congress from drawing political mileage out of the scam.
Taking a dig at the CPM trying to take the moral high ground on the issue, Derek said: "The CPM could have requested the UPA government while giving it outside support between 2004 and 2008 to push a law to help innocent people from chit funds and their promoters."
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