-The Telegraph Kolkata: The Special Investigation Team (SIT) set up by the chief minister has asked district superintendents of police to initiate against Sudipta Sen cases of abetting the suicide of depositors. The SIT, led by director-general of police Naparajit Mukherjee, held a meeting today to discuss the strategy to pin down the Saradha Group chief for masterminding the default crisis that allegedly led five depositors to commit suicide in the districts. "Other...
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CBI team to peruse deposit scam details
-The Telegraph Guwahati: The CBI is sending a team to Guwahati on Tuesday to "screen" the cases registered against fraud deposit collecting companies in the state. Press adviser to the Assam chief minister, Bharat Chandra Narah, told The Telegraph, "A CBI team will reach here on Tuesday to examine the cases and after that, we will start the formalities of handing over the cases to them." "This shows the seriousness with which the...
More »President Pranab Mukherjee hits out at MNCs for their ‘intent to dodge tax’
-The Times of India NAGPUR: President Pranab Mukherjee on Monday slammed multinational companies saying they only looked for oversees locations with an intention to dodge taxes, raising eyebrows at a time when the country is desperately wooing foreign capital to plug a widening current account deficit. Addressing a function at the National Academy of Direct Taxes (NADT), Mukherjee said more than three-fourths of business transactions nowadays took place through the units of...
More »Mamata Banerjee seeks to blame Centre for chit fund scam
-PTI Kolkata: West Bengal Chief Minister Mamata Banerjee, who has sought to blame the Centre for the chit fund scam, has claimed that the central government reduced the rate of interest in small savings to drive depositors towards ponzi schemes. "It is because the Centre has reduced the interest rates in small savings in the post office, poor people and those who have retired keep their Money in these chit funds with...
More »Distress outside Sen panel office -Sabyasachi Bandopadhyay
-The Indian Express FOR Suranjan and Tumpa Choudhury, a couple from Madhyamgram in North 24-Parganas district, darkness has descended for the second time in their lives. In 2007, Suranja lost his job after the factory, where he worked shut down abruptly. He was then 36. A friend of him advised him to invest in Saradha Group and become an agent of the company. He had no other option than to accept...
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