-NDTV Kolkata: The Calcutta High Court will today hear two Public Interest Litigations or PILs demanding a Central Bureau of Investigation (CBI) investigation into the Saradha chit fund scam that has wiped out the savings of lakhs of small investors. One of the petitions was filed by a lawyer last week and the court had asked the West Bengal government to file an affidavit by Thursday which it has done. The Mamata Banerjee...
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Candidates log onto Facebook and Twitter to connect with voters in Karnataka campaigns
-PTI BANGALORE: Padayatras, door-to-door campaigns and public rallies are the second choice for some senior political leaders in Karnataka who have realised the impact social media can make on people today and have quickly opened accounts on Facebook and Twitter. While social media provides politicians an additional platform to campaign, the real competition is who gets the maximum hits. Young politicians like Krishna Byregowda and Priya Krishna, both Congress, have had accounts for...
More »Rs 4,000 cr at stake, SEBI asks Bengal to probe five more chit fund companies -Madhuparna Das
-The Indian Express Kolkata: As the investigation into the Saradha chit fund scam threatens to reach the doorstep of the Trinamool Congress, the markets watchdog is learnt to have warned of a larger, more frightening scenario: similar Ponzi schemes run by at least five other companies in West Bengal, involving over Rs 4,000 crore of small investors' money. In its latest communication sent to the state government, the Securities and Exchange Board...
More »Bengal chit fund kingpin's run through N India ends in J&K, held in Sonamarg -Madhuparna Das and Bashaarat Masood
-The Indian Express Srinagar, Kolkata: Sudipta Sen, the absconding alleged kingpin of West Bengal's multi-crore chit fund scam, was picked up along with two senior employees of his company at a hotel in the picturesque resort town of Sonamarg on the Srinagar-Leh highway late on Monday evening. Police officers from West Bengal have confirmed their identities, and are likely to get formal custody of the trio after they are presented in court...
More »Saradha group boss held in Kashmir, BJP wants CBI to probe chit funds
-PTI Srinagar: The Jammu & Kashmir Police on Tuesday detained Saradha group chairman & managing director Sudipto Sen and a director of the company from Sonamarg, where they had fled after their Calcutta-based chit fund business collapsed last week leaving thousands of depositors and agents stranded. "We have detained Sudipto Sen and Debjani Mukherjee, chairman-cum-managing director and a director of the Saradha group respectively, and ARVind from Sonamarg," the inspector general of...
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