SC rejects Trinamool plea opposing CBI probe of Saradha scam

Also refuses to restrain media from reporting alleged leaks by CBI

BS Reporter New Delhi
Last Updated : Feb 06 2015 | 12:23 AM IST
The Supreme Court on Thursday rejected the plea of Trinamool Congress (TMC) to appoint a special investigation team and monitor the Central Bureau of Investigation (CBI) probe into the Saradha chit fund scam.

The apex court also declined to pass any order on the allegation of the party that the CBI was leaking information regularly to the media. “If anyone is aggrieved, they can pursue the legal remedies available under law,” said the Bench headed by Justice T S Thakur. The court added that there was no allegation that the CBI was not conducting the probe in the manner it was expected to do.

Senior counsel Kapil Sibal representing the West Bengal government alleged there was an unusual amount of leaks from the CBI, which should be stopped. Counsel Vivek Thanka for TMC submitted that the leaks have taken a political colour. "CBI probe is welcome, but it should be impartial  and it should not be made into a political trial joining hands with the media," Thanka said.

Sibal sought a time frame for completion of the investigation and trial in view of hundreds of cases involving Saradha case and other matters. However, the court did not pass any order on his plea.

Solicitor General Ranjit Kumar said that the CBI was investigating the Rs 10,000-crore scam involving more than 18 lakh investors. "Every day something new was turning up. Moreover, the agency was also suffering from shortage of personnel and infrastructure," he said. Kumar alleged that CBI investigators are being harassed, thus making it difficult for them to do their job.

The judges asked the CBI officer in charge of investigation who was in the court to explain media leaks. He replied that the organisation never interacted with the media and that the media attributes the leaks to “CBI sources” only to add credibility to its news.

In May last year, the court had entrusted the investigation to the CBI as the scam was spread over several north-eastern states and the state police could not undertake the task because several higher ups were involved.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 06 2015 | 12:09 AM IST

Next Story