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Ponzi Scam: Over 150 petitions found on rail track

-PTI Burdwan (WB): About 150 sheets, allegedly copies of petitions filed by depositors related to the Saradha chit fund Scam, were found on the side of rail tracks between Kalna and Guptipara stations of Eastern Railway's Howrah-Burdwan section on Sunday. GRP sources said about 150 papers, claimed to be petitions of depositors from Murshidabad and Jharkhand, were spotted ying on the sides of the rail track at Purbo Satgachia station by local...

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Depositors from outside add to complaint pile

-The Indian Express Kolkata: AMONG the 6.25 lakh complaints received by Justice Sen Commission, which has been set up by the West Bengal government to inquire into the Saradha Group and other chit fund Scams and also to look into ways to return money to investors, many have been submitted by people from other states where the firms were operating. "Since the West Bengal government is the only state government that has...

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From Bofors to 2G, the same fate-Arun Kumar

-The Hindu   The parliamentary committees on the howitzer Scam and the stock market scandal protected the powerful and failed to fix accountability. The same is true in the spectrum case The current political situation brings back memories of 1989. The Prime Minister then was under a cloud in the Bofors Scam. Many of his close associates like Lalit Suri and Ajitabh Bachchan were accused of wrong-doing. Today, Prime Minister Manmohan Singh and...

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ED may probe Saradha Scam’s hawala connection -Sanjib Kr Baruah

-The Hindustan Times The Enforcement Directorate will "look with interest" at instances, if any, of tainted money being sent abroad through the illegal hawala channel in the Saradha Realty case, of which, there is significant possibility, ED sources told HT. Reports said that a substantial chunk of money had found its way to Dubai through hawala with the money being suspected to have been ploughed into the real estate sector. ED's investigations...

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Laws for citizens, and by them too -Ruchi Gupta and Nikhil Dey

-The Indian Express Institutionalising a mandatory process of consultation and dialogue would democratise not just law-making, but the state itself The formal institutions of India's parliamentary democracy have provided little space for citizens' participation in the making of laws. This has not, however, prevented citizens and citizens' groups from making significant attempts to watch, critique and contribute to the process. In fact, in recent years, it is clear that the lack of...

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