Rose Valley chit fund scam: CBI prays court to take TMC MP on remand

Bhubaneswar: Intensifying its probe into multi-crore Rose Valley chit fund scam, the Central Bureau of Investigation on Saturday produced Trinamool Congress (TMC) MP Tapas Pal before Special CJM CBI court here and prayed the court to take him on a five-day remand for further interrogation.

The Central investigating agency, which had arrested Pal yesterday for his nexus with the tainted ponzi firm, brought to the state capital and produced before the court today.

According to CBI sources, Special Investigation Team DIG NK Singh, Bhubaneswar CBI SP Rajeev Ranjan and Investigating Officer (IO) will interrogate Pal to elicit more information about his nexus with the ponzi firm.

Talking to media persons after meeting the Pal at the CBI office here, his counsel Arun Acharya said “He has been made a victim under political pressure since he is a celebrity and a MP. A bail application will be filed in court.”

Also read: Rose Valley chit fund scam: ED attaches assets worth Rs 1,250 cr; 8 hotels

It is being alleged that, Pal have influenced people by giving promotional speeches for the tainted chit fund firm. Besides, Pal has also appointed many of his relatives in the company and duped gullible customers.

CBI has reportedly collected strong evidences against Pal regarding his nexus with the company.