Saradha scam: Bengal Transport Minister Madan Mitra arrested by CBI

Friday, Dec 12, 2014,19:18 IST By metrovaartha A A A

Kolkata | In an embarrassment to the ruling Trinamool Congress, West Bengal transport minister Madan Mitra was today 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 conspiracy, cheating, misappropriation of funds as well as deriving undue financial benefits from the Saradha Group, a CBI spokesman here 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.
Leader of the Opposition in West Bengal Assembly Surjya Kanta Mishra today 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. 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.