Former Kolkata Police Commissioner Rajeev Kumar has been posted as Principal Secretary of IT & E Department, West Bengal Government.
The 1989-batch IPS officer was Additional Director of the Crime Investigation Department (CID).
He is accused of destroying evidence related to the Saradha chit fund (Ponzi) scam when he headed the special investigation team of the West Bengal Police to probe the matter before it was transferred to the investigating agency.
Kumar was granted interim protection from arrest by the Calcutta High Court. The CBI had moved the apex court seeking cancellation of bail granted to Kumar.
Challenging the Calcutta High Court's order, the Saradha Group of companies had allegedly duped people to the tune of Rs 2,500 crore promising higher rates of return on their investments.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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