KOLKATA, NOV 20: The Central Bureau of Investigation on Thursday raided three offices of the Saradha group in connection with the multi-crore Saradha scam.   Raids and searches were carried out at the Saradha offices in different locations such as Salt Lake, Behala and Bishnupur.   On Friday, the CBI is expected to question the State Tra...Read More

Bhubaneswar: BJD’s authorised signatory Saroj Sahu appeared at the CBI office on Saturday afternoon for questioning by the central agency which is probing into the multi-crore chit fund scam in Odisha. Sahu entered the CBI office at around 2.30 pm and came out shortly before 4 pm. After coming out of the CBI office, he declined to say anything beyond claimi...Read More

Bhubaneswar: Proceedings in the Odisha Assembly resumed after three days of ruckus over various issues. The first part of the third day remained paralysed following sloganeering from both Opposition and ruling party MLAs over different issues. While Opposition MLAs protested against the BJD government over the chit fund scam, the ruling party legislators demanded...Read More

Bhubaneswar: In a major development to the mega-chit fund scam issue, Choudwar MLA Prabhat Biswal appeared before the CBI on Friday for questioning over his alleged links with Seashore Group, a major player in the multi-crore chit fund scam. His wife and former chairperson of Cuttack Zilla Parishad Laxmibilasini Biswal also appeared before CBI for questioning. ...Read More

Bhubaneswar: BJD spokesperson Pratap Dev alleges politicisation of CBI inquiry into chit-fund scam.   Dev reacting to CBI quizzing of Chief Minster’s aide Saroj Sahu has said his party is considering to go to people against CBI’s political motive against Biju Janata Dal.   Mr Dev said after former BJD leader Pyari Mohan Mohap...Read More

Bhubaneswar: Odisha Opposition leader Narasingha Mishra urges CBI to examine CM’s involvement in chit fund scam.    Stepping up the attack on Chief Minister Naveen Patnaik after the CBI quizzed his close aide and party office secretary Saroj Sahu in connection with chit fund scam, Leader of Opposition in the Assembly Narasingha Mishra on S...Read More

As it expedites probe in the Saradha chit fund scam, the government is gearing up to introduce the much-awaited amendments to the Chit Fund Act and a legislation on direct selling companies.   According to senior officials in the finance ministry, the bill on multi-level marketing (MLM) companies is “being fine-tuned and a Cabinet note on MLMs will be soon circulate...Read More

Rejecting her allegation that the Centre was pursuing a “selective vendetta” against TMC, Union minister M Venkaiah Naidu on Monday said that by making such claims, West Bengal Chief Minister Mamata Banerjee was “helping” those who are involved in criminal cases.

“I always respect Banerjee. She is a fighter. She has brought a big cha...Read More

KOLKATA: The Enforcement Directorate (ED) on Tuesday summoned noted painter Subhaprasanna in the Saradha chit fund scam.

According to reports, the agency had been looking into the land that Subhaprasanna had bought here to set up an art enterprise and had also questioned him last month about his dealings with the Saradha group.

Y...Read More

The whole episode on the infamous multi-crore Saradha scam has taken a new turn with arrested ex-Trinamool Congress MP, Kunal Ghosh, accusing West Bengal Chief Minister Mamata Banerjee of being the biggest beneficiary of the scam. The Trinamool chief Mamata has so far defended her position on the subject and the blame game is on.

One thing is clear: the Saradha s...Read More