-CNN-IBN Kolkata: West Bengal Governor MK Narayanan has called a special session of the state Assembly next week beginning April 29 to discuss the chit fund scam. Speaker Biman Banerjee, in fact, has called an all-party meeting at 3 pm on Friday to discuss the special session. But the TMC wants the West Bengal Protection of Depositors' Interest in Financial Institution Bill to be returned by the Centre so that it could...
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Succumbing to the bogey of fear -Anup Surendranath
-The Hindu In the Bhullar case, the Supreme Court has created a category of ‘terrorists' among those sentenced to death without providing a constitutional basis for it Writing on extra-judicial killings in the Economic and Political Weekly in March 1996, K.G. Kannabiran narrated a very Interesting anecdote from his experience on the Civil Rights Committee appointed by Jayaprakash Narayan to investigate fake encounters orchestrated during the Emergency against naxalites. While interacting with...
More »Blame game and a cover-up-Saadia
-The Hoot A huge media conglomerate was built up by a chit fund company which has now collapsed. Can the West Bengal government whose MP was part of the empire disclaim responsibility, asks SAADIA. About 1400 journalists have lost their jobs because a chit fund company's little-known Chief Managing Director ventured to become a media mogul in West Bengal some three years back. Almost every three months, the Saradha Group that had...
More »HC summons Honey Singh for singing vulgar songs
-The Hindustan Times Chandigarh: Expressing disappointment on the vulgar songs being sung by Punjabi rapper(singer) Honey Singh, also known as Yo Yo Honey Singh, the Punjab and Haryana high court has summoned him to the court personally on May 14 for explanation. The directions came from the division bench comprising acting chief justice Jasbir Singh and justice Rakesh Kumar Jain on a public Interest litigation filed by a non-governmental organisation, HELP...
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...
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