SC Judge Recuses From Hearing CBI Plea Alleging WB Officers Obstructing Saradha Chit Fund Probe

Justice L Nageswara Rao said he had appeared for the state as a lawyer and therefore cannot hear the case.

Supreme Court Refuses to Monitor CBI Probe Into Saradha Chit Fund Scam

The SC did not allow the application filed by some investors that despite the apex court’s 2013 order to probe the scam, the investigation has not attained finality.

West Bengal Govt Trying to Hide The Truth, Feel Betrayed by Move to Stop CBI: Defrauded Saradha Investors

Mamata Banerjee

“We invested in the chit fund companies after we saw the owners hobnobbing with top Trinamool Congress leaders and ministers,” said Ujjal who had lost around Rs 25 lakh.

Saradha Chit Fund Scam: Two BJP Leaders Involved; Mamata Banerjee Allegedly Met Group Head Several Times – All You Need To Know

TMC chief and West Bengal Chief Minister Mamata Banerjee (PC: Wikimedia Commons/Biswarup Ganguly)

The Saradha Group, a consortium of over 200 companies, cheated millions of investors and mopped up thousands of crores by running Ponzi schemes.

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