Kolkata, March 4 (IANS) The CBI on Wednesday conducted raids at 43 locations of the Rose Valley Group across the country, including 27 in West Bengal, in connection with the multi-crore-rupee chit fund scam.
"In an ongoing investigation, searches are being conducted at 43 locations across the country including 27 in West Bengal, 7 in Tripura and 1 location each in Odisha, Assam, Delhi, Uttar Pradesh, Maharashtra, Bihar, Jharkhand, Chhattisgarh and Tamil Nadu," said a CBI (Central Bureau of Investigation) official.
The Enforcement Directorate, which is also probing the scam, had sealed several bank accounts of the group across the country and interrogated its chairman Gautam Kundu.
The group's properties were confiscated in Odisha following a court order on February 25.
Minister of State for Finance Jayant Sinha, in a written reply to the Rajya Sabha last month, said the Saradha Group and the Rose Valley raised Rs.12,740 crore illegally.
According to Sinha, investigations revealed that the Rose Valley Group raised as much as Rs.10,281 crore from investors while Saradha firms had mobilised Rs.2,459 crore.
Israel Hezbollah War: Israel is on the verge of destroying Hezbollah, now the army has entered Lebanon's border; Read the latest update in 10 points
Israel has intensified its air strikes on Lebanon to eliminate the Iran-backed terrorist organization Hezbollah. After killing Hezbollah chief Hassan Nasrallah in a missile attack, the Israeli army
Bawaal: The romance of Varun Dhawan and Janhvi Kapoor will be seen on OTT, the world premiere of the film 'Bawal' will be held on this day
Popular OTT platform Prime Video today announced the world premiere of the much-awaited film Bawaal, produced by Sajid Nadiadwala's production banner Nadiadwala Grandson Entertainment in association
Covid-19: For the first time ICMR has tested one lakh samples in a day
new Delhi. There is a relief news among the corona virus spread across the country that the Indian Council of Medical Research (ICMR) has succeeded in taking one lakh tests in a day. Earlier on
Manipur Violence: The fire of violence has reached the stronghold of Nagas, why is this a matter of concern?
Manipur Violence The incidents of violence in Manipur are not taking the name of stopping. Intermittent violence has been witnessed in the state even after the creation of a buffer zone as directed by
NIA Raid In Kerala: Crackdown on PFI in terror funding case, NIA raids 56 places in Kerala
The National Investigation Agency (NIA) raided 58 locations of leaders of the banned Popular Front of India (PFI) in the country. These raids are going on at many places in Kerala.
Donald Trump's tax report revealed in America: He was in a loss in 2016, earned Rs 200 crore within 2 years of becoming President
The report of the tax paid by former US President Donald Trump while he was President has been made public. Reports surfaced that they were in a huge deficit when Trump took over the presidency, but
Toddler tests positive, coronavirus infections rise to six in Kerala
कोच्चि में तीन साल की एक बच्ची के परीक्षण के बाद सोमवार को केरल में
PM Modi: 'We have completed 10 years, 20 are still left; you will be very happy with this prediction', PM Modi took a jibe
Prime Minister Narendra Modi addressed the Rajya Sabha on Wednesday with a motion of thanks on the President's address. During this, he fiercely targeted the Congress and other opposition parties. He
'₹2500 is a lie': 'Holi has arrived, when will the free cylinder come', AAP protested against BJP's promise.
Aam Aadmi Party (AAP) is continuously cornering the BJP government of Delhi over giving free cylinders on Holi. Today, Aam Aadmi Party leaders protested and put up banners at ITO over BJP's promise of
ISRO joins hands with Elon Musk, will launch communication satellite GSAT-20 for the first time from Space
Partnering for the first time with billionaire businessman Elon Musk, India will launch its communications satellite GSAT-20 (newly named GSAT-N2) on his company SpaceX's Falcon-9 rocket. This
