New Delhi, August 14, 2014:The Central Bureau of Investigation has today conducted searches at 30 locations, including 22 in Kolkata, 4 in Delhi, 3 in Guwahati and one in Odisha in the alleged multi-crore chit fund scam. The searches have been conducted at office as well as residential premises belonging to various persons having close links with the Saradha Group of Companies against whom CBI had registered cases recently on the directions of the Supreme Court of India.
During the searches, incriminating documents relating to various business transactions with the concerned companies have been seized. The scrutiny of the seized documents is likely to provide important clues for further action in the cases.
CBI had registered four cases in West Bengal and 44 in Odisha earlier this year against the Group of Companies and its Managing Directors and others in the multi-crore chit fund scam on the direction of the Supreme Court of India. The cases have been registered Under Section 406, 409, 420 and 120-B of the IPC.
The investigation in the matter is continuing.
(SK Vyas/Jalandhar)