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.
Like to be India's transport minister: Jeffrey Archer
Kolkata, March 6 (IANS) Celebrated British author Jeffrey Archer said on Friday the "toughest"
Mohammad Zubair Case: Urgent hearing of Zubair from Supreme Court, cancel all FIRs registered in UP
Alt News co-founder Mohammad Zubair has once again reached the Supreme Court. He has demanded the
Sonia Gandhi's time is over, now Mamata wants to lead opposition: BJP
The BJP has also taken a dig at the distance being created between the Congress and the Trinamool
After the privatization of Air India, the government is worried about the VIP treatment of MPs in
The most distant galaxy: NASA's James Webb telescope discovered a 10 billion-year-old galaxy
NASA's most powerful James Webb Space Telescope has made an amazing discovery. Scientists have f
Parliament will start on Tuesday i.e. today in Sri Lanka, which is facing the biggest economic cr
People who have got corona vaccine are 75 to 80 percent less likely to be hospitalized: Dr. VK Paul
Giving information about the cases of corona in the country, the Union Health Ministry said that
Royal Challengers Bangalore players danced a lot after winning the IPL 2025 title. Its video has
BJP will support caste census in Bihar, CM Nitish has called an all-party meeting on June 1
The BJP has made its position clear before the all-party meeting regarding the caste census in Bi
Government's e-mail policy notified, Delhi HC told
New Delhi, March 13 (IANS) The Delhi High Court was on Friday informed by the central governmen
