-The Times of India The collapse of Saradha Group, promoted by Sudipta Sen, is the greatest threat yet to Mamata Banerjee's Trinamool Congress regime in Bengal. It could also imperil the finances of millions of people in Bengal, Assam, Jharkhand, Bihar, Orissa and eastern Uttar Pradesh. Trinamool's blatant association with the bigwigs of Saradha, which raised vast amounts of money from poor people before collapsing, is a potentially fatal political body blow....
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Adivasis’ dangerous journey into the urban jungle-Anumeha Yadav
-The Hindu Latehar: Last week, two 14-year-old adivasi girls, who had migrated from Khunti district to work in Delhi as domestic help, were found dead in mysterious circumstances, both within two days of each other. On April 19, Jyoti Mariyam Hora died soon after she was brought to the Madan Mohan Malviya Hospital in Delhi's Malviya Nagar. Two days later, Dayamani Guriya, who had studied with Jyoti till class VI and had...
More »Corporate affairs ministry may order probe into functioning of Saradha group companies
-PTI The corporate affairs ministry is likely to order a probe into functioning of Saradha group companies amid growing controversy over the Kolkata-based entity allegedly duping thousands of investors. Corporate affairs minister Sachin Pilot along with senior ministry officials would hold a meeting on Thursday to look into the functioning of various chit funds including issues related to Saradha group companies. A senior official said the ministry is likely to order a probe...
More »Mamata Banerjee under attack for asking people to smoke more
-IANS KOLKATA: West Bengal chief minister Mamata Banerjee on Thursday came in for sharp criticism from within her party and the opposition after she suggested people to "smoke more" to provide compensation to victims of a chit fund scam. "Smoking is bad.. let there be tax on it. But am I responsible for what Sudipta Sen did? Why should I pay more tax on every cigarette I smoke? I haven't fleeced the...
More »Money laundering case against Saradha group filed
-PTI In further trouble for the Ponzi scheme scam-hit Saradha group of Kolkata, the Enforcement Directorate (ED) has registered a money laundering case to probe the allegations of financial irregularities by numerous depositors against it. The ED has registered a regular case under the provisions of the Prevention of Money Laundering Act (PMLA) at its Guwahati office as the Assam police has registered an FIR against the group after allegations were made...
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