Tag: Rose Valley

Bhubaneswar: Announcing its plan to continue with agitations till the ouster of Narendra Modi from the helm, the Trinamool Congress today said it foresaw Mamata Banerjee as a future prime minister. “This could happen one day. After all, we are a political party which is growing by the day. People may decide that (making Mamata […]

Bhubaneswar: Alleging political vendetta behind the arrest of TMC leaders, Trinamool Congress MP Sudip Bandopadhya’s wife Nayna today said her husband was in the “custody of Modi” and not in the “CBI’s custody.” Nayna, who has been camping here ever since her husband had been brought to the CBI custody for his alleged link to […]

Kolkata: With two of its MPs, Tapas Pal and Sudip Bandopadhyay, arrested by the CBI here in connection with the Rose Valley chit fund scam, shifted to Bhubaneswar, the Trinamool Congress has decided to hold a protest rally in the Odisha capital tomorrow. “We cannot be cowed down by threats and vendetta politics. The Centre […]

Kolkata: To show solidarity with party MP Sudip Bandyopadhyay, arrested by the CBI in connection with the Rose Valley chit fund scam, top TMC leaders like Partha Chatterjee and state President Subrata Bakshi will travel to Bhubaneswar this Sunday to meet the incarcerated leader. Bandyopadhyay was taken to Bhubaneswar soon after he was arrested by […]

Kolkata: The ED today attached assets to the tune of Rs 1,250 crore, including eight hotels and a Rolls Royce luxury car, in connection with its money laundering probe in the Rose Valley chit fund scam case where thousands of people were allegedly cheated in West Bengal and Odisha. Officials said the agency issued a […]

The Economic Offences Wing (EOW) under the Crime Branch of Odisha Police on Monday sought permission from the Finance department to confiscate properties of Bangalore-based ponzi firm Rose Valley, said ADG B K Sharma

The CBI today raided the Kolkata residence of Trinamool Congress actor-MP Tapas Paul and 42 other locations of the Rose Valley Group across India in connection with a multi-crore-rupee chit fund scam

Cuttack: In what could bring a ray of hope in the lives of lakhs of depositors in the Rose Valley chit fund firm, the Special Chit Fund Court here has directed the Odisha government to refund the deposits of the small investors. As per reports, there are as many as 2,38,477 investors for whom the […]

Kolkata: Rose Valley, which is under the concurrent probe of the CBI and ED for allegedly defrauding investors, has already returned around Rs 10,500 crore out of Rs 17,520 crore raised from them, an official said on Monday. He said the ED had also attached properties worth Rs 4,500 crore and filed two prosecution complaints […]

Bhubaneswar: A day after her arrest in Kolkata, the Central Bureau of Investigation (CBI) officials on Sunday brought Subhra Kundu, the wife of Rose Valley Group chairman Gautam Kundu, to Bhubaneswar for questioning. As per sources, the CBI wants to conduct further probe in connection with the Rose Valley chit fund scam in Odisha. The […]