Headlines
CBI raids TMC MP Tapas Paul home, 42 other Rose Valley locations
Kolkata, March 4
Probing a multi-crore rupee
chit fund scam, the CBI on Wednesday conducted raids at 43 locations of
the Rose Valley Group across the country, including the home of
Trinamool Congress MP Tapas Paul.
"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.
"Apart from offices, searches are being
conducted at the residential premises of Rose Valley Group chairman
Gautam Kundu, managing director Shibamoy Dutta and then directors of the
group including Abir Kundu, Ramlal Goswami, Ashok Kumar Saha and
present Lok Sabha MP Tapas Paul," added the official.
The
Enforcement Directorate, which is also probing the scam, had sealed
several bank accounts of the group across the country and interrogated
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.












