NDTV, Kolkata :
Tapas Pal, a senior leader of Mamata Banerjee’s Trinamool Congress, has been arrested in Kolkata in connection with what is referred to as the “Rose Valley chit fund scam”, in which thousands of small investors were allegedly cheated.
Tapas Pal, 58, was questioned for hours yesterday by the CBI before his arrest. His house was also raided earlier.
The actor-turned-politician a director in two companies of the Rose Valley Group, has been accused of cheating thousands of investors of 17,000 crores through its Ponzi scheme.
Officials say the lawmaker is suspected to have
benefited from the chit fund scam, which surfaced around the same time as the Saradha scam. The Chairman of the Rose Valley group, Gautam Kundu, was arrested earlier by the Enforcement Directorate.
Another Trinamool lawmaker, Sudip Bandopadhyay has also been summoned in the case, but he has said he will appear for CBI questioning only next week.
The Trinamool has alleged that the centre is using the CBI to target its leader for political vendetta because of its aggressive opposition to Prime Minister Narendra Modi’s notes ban.
Political attrocities now go against those who opposed NoteBandi but supported the movement. We will fight it out,” tweeted Trinamool MP Derek O’Brien.
Ms Banerjee, the West Bengal Chief Minister, has demanded the PM’s resignation, alleging that he has failed to deliver on his commitment to resolve the problems arising from demonetization by the end of the year.
Tapas Pal, a senior leader of Mamata Banerjee’s Trinamool Congress, has been arrested in Kolkata in connection with what is referred to as the “Rose Valley chit fund scam”, in which thousands of small investors were allegedly cheated.
Tapas Pal, 58, was questioned for hours yesterday by the CBI before his arrest. His house was also raided earlier.
The actor-turned-politician a director in two companies of the Rose Valley Group, has been accused of cheating thousands of investors of 17,000 crores through its Ponzi scheme.
Officials say the lawmaker is suspected to have
benefited from the chit fund scam, which surfaced around the same time as the Saradha scam. The Chairman of the Rose Valley group, Gautam Kundu, was arrested earlier by the Enforcement Directorate.
Another Trinamool lawmaker, Sudip Bandopadhyay has also been summoned in the case, but he has said he will appear for CBI questioning only next week.
The Trinamool has alleged that the centre is using the CBI to target its leader for political vendetta because of its aggressive opposition to Prime Minister Narendra Modi’s notes ban.
Political attrocities now go against those who opposed NoteBandi but supported the movement. We will fight it out,” tweeted Trinamool MP Derek O’Brien.
Ms Banerjee, the West Bengal Chief Minister, has demanded the PM’s resignation, alleging that he has failed to deliver on his commitment to resolve the problems arising from demonetization by the end of the year.
