Sudipta Sen's advisor sent to four day CBI custody

A local court Sunday sent Shivnarayan Das, said to be an advisor of Saradha scam purported kingpin Sudipta Sen, to four days CBI custody for questioning on his alleged role in the multi-billion Arupee chit fund scandal.

Das was produced before the Alipore Court during the day amid heavy security. After hearing both the prosecution and the defence, the judge sent Das to Central Burea of Investigation remand till Jan 22.

The CBI picked up Das Saturday from the neighbouring Howrah district, and decided to arrest him after a through interrogation. A fully loaded revolver was also seized from him.

The CBI was looking for Das for his alleged involvement in the case against Saradha Realty India Ltd. "A notice was earlier served at his residence but he did not respond and was neither available nor did he join investigation till date," said a CBI spokesperson.

Sources said Das had allegedly advised Sen to launch a ponzi scheme and attract depositors by promising huge returns. In turn, Sen had made Das a director and shareholder of Saradha Realty after starting the business.