Kolkata: In a big setback to the West Bengal government led by Chief Minister Mamata Banerjee, the Supreme Court on today handed over investigation into the multi-crore Saradha chit fund scam to the Central Bureau of Investigation (CBI).
The Saradha chit fund scam has its roots in three states West Bengal, Odisha and Assam, and outside India. The apex court also directed the CBI to investigate ponzi scheme scams in Odisha.
The order was passed by the apex court bench headed by Justice TS Thakur, which said that the investigating agency will also look into any other ponzi scheme involved in chit fund scam in West Bengal, besides Saradha.
The court said that the state police has not been able to make any headway in the conspiracy angle, money trail and the seizure of the properties related to the scam.
The West Bengal government, all through the hearing of the matter, had strongly resisted the plea for handing over the investigation to the CBI.
Bureau Report
Leave a Reply