Kolkata, Feb 4 (IANS) A court here Wednesday granted conditional bail to Trinamool Congress Rajya Sabha member Srinjoy Bose, who was arrested in November 2014 by the CBI probing the multi-crore-rupee Saradha chit fund scam.
Passing the order, South 24 Parganas district and sessions judge Samaresh Prasad Chowdhury directed Bose not to go abroad without permission from the court and to cooperate with the Central Bureau of Investigation in matters related to the probe.
He was also told not to make any effort to influence the probe.
After hearing the bail petition moved by Bose's counsel, the judge asked him to submit two bonds of Rs.50,000 each.
Bose's lawyers had sought bail arguing that he had already spent 75 days in police and judicial custody and was cooperating in the probe.
Bose, the editor of Trinamool mouthpiece Jago Bangla and Bengali newspaper Sambad Pratidin, was arrested Nov 21 by the CBI for alleged criminal conspiracy, misappropriation of funds and deriving undue financial benefits in connection with the scam.
The assistant general secretary of city soccer giants Mohun Bagan, Bose is the first senior Trinamool leader to be granted bail in the scam.
Sports and Transport Minister Madan Mitra and former director general of police Rajat Majumdar - both important Trinamool leaders - are still behind bars. Suspended Trinamool Rajya Sabha member Kunal Ghosh is also in jail.
Bose was accused of 'blackmail' by purported scam kingpin and Saradha Group promoter Sudipta Sen in a latter he is supposed to have written to the CBI in April 2013.
In the letter, Sen claimed he entered the media business after the Bengali daily started attacking him.
Sen, now under arrest along with his top aides, said that after he purchased a television channel, Bose and Kunal Ghosh came to him and he had to make arrangements for paying Rs.60 lakh per month to the newspaper for running the channel.
Sen also claimed that the duo promised to ensure a "smooth passage" for him and protect his business from the state and central governments and assured him "they have very close connections" with the chief minister.
Sen in his letter also alleged that over two years, the paper had taken Rs.20 crore from him for running the channel.
Virat Kohli once again did not bat in the match played between Bangalore and Rajasthan on Tuesday
The number of people getting infected with corona across the country is now gradually decreasing.
Koffee With Karan: 'Koffee With Karan' closed forever, social media flooded with memes
Koffee With Karan, a favorite show of Bollywood gossip seekers, was quite a hit among the audienc
The wait for the corona vaccine in India is about to end. After Russia and China, the UK has also
The 17th season of IPL 2024 is going to be special for Mumbai Indians. Hardik Pandya will return
Amidst the deteriorating economic situation in Sri Lanka, the emergency imposed for the second ti
December 16 rape case: BCI moved against defence lawyers
New Delhi, March 26 (IANS) A Bengaluru-based lawyer alongwith Delhi law students on Thursday su
Russia has been caught on the wrong side by starting a war in Ukraine. It has been said in many r
Rolls Royce yet to decide on SUV
Chennai, Feb 12 (IANS) Super luxury car maker Rolls Royce Motor Cars is yet to decide on enteri
Defense Minister Rajnath said during Taliban crisis, challenges increased for India
Stressing on the need for a strong, capable and self-reliant defense industry in the country, Def
