Mamata’s PM dream and how Rose Valley, Saradha kingpins used to their advantage

New Delhi, Feb 05: The Saradha and Rose Valley scam are back in the news with an unprecedented incident in which, CBI officials were detained by the Kolkata Police. While the CBI has always been under attack since it took over the probe, this incident was a new low where the investigation of this scam is concerned.

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TMC, CPM, Rose Valley: The making of a Rs 15,000 crore scam

gautamThe arrest of Rose Valley chairman, Gautam Kundu is a major step forward for the Enforcement Directorate probing yet another multi-crore ponzi scam after the Saradha case.
Kundu who was questioned last month by the ED will provide answers to the agency about various aspects of the scam which runs into approximately Rs 15,000 crore. Kundu had last month confessed to have meeting West Bengal Chief Minister Mamata Banerjee at Deolo in Kalimpong on March 1 2012. Read more