The CBI on Thursday started making submissions against former Kolkata Police commissioner Rajeev Kumar's anticipatory bail plea in the Saradha chit fund scam case after the IPS officer's lawyers concluded their arguments in favour of the prayer.
The CBI lawyer is scheduled to continue his submissions before a division bench, which is hearing the proceedings 'in-camera', again on Friday.
Kumar's lawyers concluded their arguments in favour of his pre-arrest bail prayer earlier in the day before the division bench comprising justices S Munshi and S Dasgupta.
Kumar's counsels had prayed for 'in-camera' proceedings in the case which the court agreed to on Wednesday, directing that only those advocates who are related to the case would be present during the hearing.
A pre-arrest bail plea by Kumar was earlier rejected by the Alipore District and Sessions Court on September 21.
The central probe agency has given multiple notices to Kumar, who is currently the Additional Director General in the West Bengal Crime Investigation Department (CID), to appear before it for questioning as a witness in the multi-crore Saradha chit fund scam.
He, however, did not appear before the Central Bureau of Investigation and has sought more time on every occasion.
The Saradha group of companies allegedly duped lakhs of 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
