MLM / Chain Money
CBI notice to KMC for licences issued to Saradha
The Central Bureau of Investigation (CBI), which is probing the multi-crore rupee Saradha scam, has sent a notice to the Kolkata Municipal Corporation (KMC) seeking details about the licenses it issued to the tainted group.
 
Addressed to KMC's chief manager (licensing), the notice has sought details about the trade and other licenses given to the Saradha Group of companies.
 
The notice dated June 4, has also sought details about the fees paid to the KMC for issuing the licences as well as information about the nature of business for which they were issued.
 
Reacting to the development, city Mayor Sovon Chatterjee accused the BJP-led central government of diluting the significance of the CBI. 
 
"It's an official letter to the KMC and whatever information they have sought we will provide. "But the way, the central government is diluting the significance of the CBI, its prestige, it really is worrisome," he said on Monday. 
 
KMC councilor Prakash Upadhyay, who had earlier approached the CBI as well as the Enforcement Directorate (ED) accusing Chatterjee of being involved in the scam and "unscrupulously issuing trade licenses to the company, welcomed the move. 
 
"Many had doubted if my fight would yield result, but today I feel vindicated. I have always maintained that Chatterjee was involved and all the truth will come out," he said. 
 
Upadhyay had earlier submitted documents to both the CBI and the ED alleging that Chatterjee, also a legislator of the ruling Trinamool Congress, used his influence to give over 40 trade licences to a company of the Saradha group which has a registered office in Diamond Harbor which falls under his constituency. 

User

CBI raids six places over Odisha chit fund scam
The CBI, probing the multi-crore-rupee chit fund scam in Odisha, on Thursday raided six locations of Jana Mangala Agro Care in the state, an official said.
 
"In the Odisha chit fund scam, searches were conducted by the CBI today (Thursday) against Jana Mangala Agro Care. All locations are in Odisha -- four places in Jajpur district and two places in Ganjam district," a Central Bureau of Investigation (CBI) spokesperson said in New Delhi.
 
The official said the chit fund firm has allegedly duped investors of crores of rupees by flouting several schemes and promising high returns.
 
The CBI is investigating 44 companies following a Supreme Court direction last year.

User

Karnataka ready for ED probe into lottery scam
The Karnataka government would allow Enforcement Directorate (ED) to investigate the lottery scam if it had an inter-state fallout, Home Minister K.J. George said Monday.
 
"We are ready to hand over the lottery scam to the ED for further investigation if it (scam) had spread to other states though it (ED) can probe on its own inter-state scams," George told reporters here.
 
Part of the union finance ministry's revenue department, the ED is a law enforcement and economic intelligence agency responsible for fighting economic crimes.
 
"The ED can investigate any inter-state scam as it does not need our permission to take up economic offence cases," George said.
 
The state CID probed the multi-crore single-digit lottery scam after a Kannada news channel telecast a sting operation in mid-April on its kingpin Peri Rajan boasting high connections with top police officials.
 
The state government on Saturday suspended Bengaluru additional commissioner of police Alok Kumar, a 1994 IPS officer, after the CID's interim report named him as having links with Rajan.
 
"Except that of Kumar, the CID report has not mentioned names of other police officers, serving or retired," George said, denying reports in a section of the media that six more top-ranking police officers had nexus with Rajan.
 
A team of CID sleuths interrogated Kumar on Sunday and Monday to ascertain his association with Rajan and his alleged role in interfering with the probe.
 
Superintendent of Police, Lottery Squad, Dharanesh was suspended earlier this month, as he was heard talking to Rajan in the sting operation's video clip.
 
Meanwhile, Governor Vajubhai Vala has sought a report on the scam and the alleged involvement of senior police officers in it.
 
Meanwhile, Rajan was shifted to the central jail here from the sub-jail at Kolar Gold Fields (KGF) under tight security earlier in the day.

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Online Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine)