Tag: Rose Valley

Balasore: The Balasore chit fund court today allowed the Economic Offences Wing (EOW) of the Crime Branch, Odisha to take Rose Valley Group chief Gautam Kundu on a four-day remand. Though the EOW had appealed for a five-day remand of Kundu, the court granted four days. The investigating agency had produced Kundu before the court earlier […]

Bhubaneswar: The Odisha High Court today rejected bail applications of Trinamool Congress (TMC) MP Tapas Paul and Seashore group co-director Pravat Das, in connection with the Rose Valley and Seashore chit fund scams, respectively. Paul had moved the High Court seeking bail on health grounds. Earlier on January 7, the Special CJM CBI court in […]

Bhubaneswar: The special CJM court (CBI) today rejected the bail application of Rose Valley chit fund scam accused and Trinamool Congress MP Sudip Bandopadhyay and remanded him to the judicial custody till January 25. The CBI had taken Bandopadhyaya on a four-day remand for interrogation in connection with the multi crore ponzi scam. Sources said […]

Bhubaneswar: The Trinamool Congress (TMC) will stage a demonstration here today to protest demonetisation and arrest of party MPs Sudip Bandyopadhyay and Babul Supriyo in the Rose Valley chit fund scam. The party workers would stage demonstration followed by a protest meeting at Lower PMG here from 11 AM to 3 PM. TMC general secretary […]

Bhubaneswar: Arrested All India Trinamool Congress (TMC) MP Sudip Bandyopadhyay was taken on a 4-day remand by the CBI for the second time in connection with the Rose Valley Chit Fund scam while the party continued its attack on the Centre accusing it of political vendetta. The Central investigating agency produced Sudip in the CBI […]

Bhubaneswar: Opposition BJP and Congress continued their attack on the ruling-BJD in Odisha over links with Rose Valley chit fund scam and Trinamool Congress (TMC). Alleging that BJD and TMC have struck an undeclared alliance, Odisha BJP vice president Sameer Mohanty today told media persons that the ruling-party in Odisha has agreed to provide its […]

Bhubaneswar: Arrested Trinamool Congress MP Tapas Pal’s daughter Sohini Pal appeared before the CBI in Bhubaneswar today in connection with the Rose Valley chit fund scam. As per the CBI notice, Sohini arrived in Bhubaneswar today to appear before the agency. Tapas allegedly gave senior posts to his wife, daughter and nephew in Rose Valley […]

Bhubaneswar: Arrested Trinamool Congress (TMC) MP Tapas Paul today created ripples in the country’s political circle by alleging Union Minister Babul Supriyo is involved in the Rose Valley chit fund scam and has tricked him into the case. Replying to queries fielded by newsmen, Paul, while being taken on a three-day CBI remand starting today, […]

Bhubaneswar: Armed with a directive from the designated court in Cuttack, the state government on Wednesday began the auctioning of part of the properties of chit fund firm Rose Valley. According to reports, the government is e-auctioning the seized properties of the of the Ponzi firm located at Bhubaneswar tehsil under Khurda district and Nialgiri […]

Chief of tainted chit-fund firm Rose Valley Group Gautam Kundu was sent to another four-day remand with the CBI by the Special Court here.

The Special CBI court here on Monday allowed the CBI to take Rose Valley Group chairman Gautam Kundu on a nine-day remand for interrogation

The Central Bureau of Investigation (CBI) today raided 43 places across the country, including in Odisha, which were directly or indirectly linked to chit fund firm Rose Valley

Agartala: The Central Bureau of Investigation (CBI) will interrogate two former Left Front ministers in Tripura in connection with a case of the Kolkata-based Rose Valley chit fund scam, an official said here on Tuesday. “The CBI has informed the Tripura Assembly Speaker about their intention to interrogate former Left Front ministers Badal Chowdhury and […]

Kolkata: The Enforcement Directorate (ED) on Thursday claimed it has found incriminating documents, gold ornaments and precious stones worth Rs 40 crore during searches at showrooms of Adrija Gold Corporation in connection with the Rose Valley chit fund case. “ED recovers and seizes incriminating documents, 72 kg of 22 carat and 18 kg of 18 […]

Kolkata: The ED today attached assets worth Rs 293 crore in connection with the Rose Valley chit fund scam case in which thousands of people were allegedly cheated in West Bengal and Odisha, officials said. The central probe agency’s regional office here issued a provisional attachment order under sections of the Prevention of Money Laundering […]