The Supreme Court on Monday refused to entertain a plea filed by investors seeking court-monitored probe into the Saradha chit-fund scam.
The Saradha Group financial scandal was a major scam caused by the collapse of a Ponzi scheme run by the conglomerate. The multi-crore-rupee chit fund scam allegedly involves several key leaders from the Trinamool Congress.
Kumar, who has been serving as Kolkata's Police Commissioner since January 2016, is said to have not responded to the earlier summons by the CBI in connection with the probe. He is also accused of allegedly tampering evidence in the case.
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