WB Transport Minister Madan Mitra arrested by CBI

SansadTV Bureau

chandan_mtraBIn an embarrassment to the ruling Trinamool Congress, West Bengal transport minister Madan Mitra was on Friday arrested by CBI in connection with the multi-crore Saradha chit fund scam.

Mitra was arrested in a case relating to Saradha Realty on charges of criminal consacpiry, cheating, and misappropriation of funds as well as deriving undue financial benefits from the Saradha Group, a CBI spokesman said.

He was taken into custody after five hours of intense questioning at the Salt Lake CGO complex housing the CBI office.

The CBI also arrested Naresh Balodia, legal advisor to Sudipto Sen and Saradha Group on charges of criminal conspiracy, cheating and diversion of funds in the same case, he said.

Balodia had drafted the letter which Sudipto Sen had sent to the CBI, he said.

The CBI had earlier arrested two TMC MPs Kunal Ghosh and Srinjay Bose in connection with the Saradha scam.

The Saradha Group financial scandalis a massive financial scam caused by the collapse of a Ponzi scheme run by Saradha Group.

Saradha scam: Opposition demands interrogation of Mamata

Leader of the Opposition in West Bengal Assembly Surjya Kanta Mishra on Friday demanded immediate questioning of Chief Minister Mamata Banerjee and others in the Saradha scam.

Mishra’s comment followed arrest of state transport minister Madan Mitra by the CBI on Friday. “We will now hit the streets with this demand and demands for action against other ponzi companies as also refund of money to the cheated depositors,” Mishra said.