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Saradha crisis: Mamata hikes VAT on tobacco for relief fund- Romita Datta

-PTI Mamata Banerjee stages reversal of former apathy towards fate of those affected by Saradha Group demise Kolkata: West Bengal chief minister Mamata Banerjee staged a reversal of her former apathy towards the fate of those whose savings had disappeared amid the collapse of the deposit-taking Saradha Group. Having said on Monday that "what has gone, has gone", Banerjee on Wednesday announced a 10 percentage point hike in value-added tax (VAT) on tobacco...

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Chit fund: TMC questions role of Chidambaram's wife in Saradha group

-PTI On the back foot over the chit fund scam in West Bengal, Trinamool Congress on Thursday raised questions over the role of a senior Chennai-based lawyer who happens to be wife of the Union finance minister. Sudipta Sen, chairman of the scandal-ridden Saradha group, who was arrested two days ago, has said in a purported letter to CBI that politicians, journalists and lawyers had blackmailed him and taken money assuring him...

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Lok Ayukta seeks survey report of Kannedhara mining lease area

-The Hindu SRIkakulam Collector asked to set up a special committee Hyderabad: Lok Ayukta of Andhra Pradesh Justice B. Subhashan Reddy has directed SRIkakulam District Collector Saurabh Gaur to set up a special committee to survey the Kannedhara hillock on which granite mining lease was granted to D. Rammanohar Naidu, son of Minister for Roads & Buildings Dharmana Prasada Rao. Mr. Saurabh Gaur, a few other district officials, including the Assistant Director of...

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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...

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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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