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SC refuses to entertain plea seeking court-monitored probe into Saradha chit-fund scam

ANI  |  Politics 

The on Monday refused to entertain a plea filed by investors seeking court-monitored probe into the Saradha chit-fund scam.

The financial scandal was a major scam caused by the collapse of a Ponzi scheme run by the conglomerate. The multi-crore-rupee fund scam allegedly involves several key leaders from the

The (CBI) is presently questioning and former TMC in Shillong in connection with the case.

Kumar, who has been serving as 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.

On February 5, the had directed the 1989-batch to appear before the CBI in connection with the scam. It had also said that no coercive step should be taken against Kumar.

The top court directive had come against the backdrop of a 'dharna' organised by in Kolkata in protest against the CBI's attempt to arrest Kumar.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 11 2019. 11:59 IST