SC refuses to monitor CBI probe into Saradha chit fund scam

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National News

Feb 11, 2019

9:22PM

SC refuses to monitor CBI probe into Saradha chit fund scam

File Pic: PTI

Questioning of the Kolkata Police Commissioner Rajeev Kumar and former TMC MP Kunal Ghosh in Sharada Chit fund scam case continued for the third day on Monday at the CBI office in Shillong.

The interrogation of Kunal Ghosh concluded today while Rajeev Kumar will have to sit for yet another round of investigation for the fourth day tomorrow.

It is said that he is likely to be questioned on the Rose Valley scam.

Meanwhile, the Supreme Court on Monday refused to monitor the ongoing CBI investigation into various chit fund scams, including the one involving Saradha Group of Companies.

A two-judge bench comprising Chief Justice Ranjan Gogoi and Justice Sanjiv Khanna did not allow the application filed by some investors saying that despite the apex court's 2014 order directing the agency to probe the chit fund scam, the investigation has not attained finality.

The bench said, it is not inclined to set up a monitoring committee for the chit fund scam probe.

The apex court, on May 9, 2014, had ordered a CBI probe into the multi-crore rupee chit-fund scam which had also revealed the involvement of politicians in West Bengal, Odisha and Assam.