Page 2 - Saradha Scam

Saradha scam: Nalini Chidambaram granted interim protection from arrest

The CBI claimed that the Rs 1.3 crore paid to Nalini Chidambaram, a senior lawyer, was from the money collected by Saradha chit fund illegally from investors

CBI grills Kolkata police chief for 11 hrs on day 4, calls again on Wed

Kumar, who in being examined since Saturday, left the CBI office at around 9.45 pm on Tuesday after a marathon grilling session of over 11 hours

CBI questions Kolkata top cop, ex-TMC MP in Saradha, Rose Valley scams

Kumar and Ghosh were grilled in the initial period by a 10-member team of the CBI

Saradha chit fund: Nalini Chidambaram gets interim protection from arrest

Chidambaram alleged that the government has been misusing the central agencies by filing false cases against her family members due to 'political vendetta'

No coercive action against Nalini Chidambaram in Saradha case: SC tells ED

Nalini Chidambaram was allegedly paid a legal fee of Rs 10 million by the Saradha group for her appearances in court and the Company Law Board over a television channel purchase deal

Saradha scam: No notice or summon to West Bengal DGP, says CBI

According to media reports, the central probe agency had issued a notice to Kar Purkayastha, asking him to appear before it within a week

Saradha scam case: HC grants bail to TMC MP Kunal Ghose

Ghose has been directed to meet the investigating officer once a week

Trinamool MP Kunal Ghosh's interim bail extended till December 23

The bench directs Ghosh to not leave the jurisdiction of Narkeldanga Police Station in the metropolis except

Saradha chit fund case: SC issues notice to ED, West Bengal govt

Calcutta High Court earlier on September 9 rejected the bail pleas of Matang Singh and Manoranjana Singh

Sebi adjudicating officer comes down heavily on legal department

The Securities and Exchange Board of India (Sebi) adjudicating officer has criticised its own legal department in Saradha Realty matter for not doing proper due-diligence in the case. "Surprisingly, the Legal Affairs department (LAD) without examining the said issue, had merely stated that adjudicating officer (AO) be guided by what the Sebi eastern office zone had stated in the quasi-judicial proceedings," Sebi General Manager and Adjudicating Officer Rachna Anand said in an order.Regulator on Friday has imposed Rs 2 crore fine on the company, its chief Sudipta Sen and two director for not complying with its earlier order to wind up its existing collective investment schemes and to refund the money collected by it under the schemes with returns.Citing the previous finding of Sebi Kolkata office, she adds, "It is relevant to mention that while proposing any action(s) against the entities, due care should be applied by the departments considering their role into violations and same can

Will follow Mamata's instructions whenever assigned: Madan Mitra

Mitra, who was arrested on December 12, 2014, however, insisted he had done nothing wrong

Saradha chit fund scam: ED summons Nalini Chidambaram

Earlier, CBI had named Nalini Chidambaram, in the sixth supplementary charge sheet filed in the Saradha scam

Saradha scam: CBI summons wife of former FM Chidambaram

Nalini Chidambaram's name first cropped up in the purported letter from Saradha boss Sudipta Sen to CBI in April 2013