In a coordinated action, CBI carried out searches at 14 locations in the state in which the premises of former Health Minister Himanta Biswa Sarma and former Transport Minister Anjan Dutta were searched, sources said.
Sarma had been a powerful minister in Tarun Gogoi cabinet since 2001 but was sacked by the Chief Minister last month after he led a campaign for leadership change. Dutta is considered a Gogoi loyalist who handled important porfolios like transport.
The search operation was spread across 14 places in Assam seven in Kolkata and one in Mumbai in connection with the scam.
In Kolkata, the premises of one Bapi Karim, who was a personal assistant to a minister, industrialists Sajjan and Sandhir Agarwal, a former IPS officer Deben Biswas and one Asif Khan were searched.
There are four FIRs against Saradha Group in which it is alleged that thousands of investors were duped by the company officials and their associates who swindled their deposits. Besides, there are 44 FIRs in Odisha against ponzi companies.
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
