Calcutta, April 27: Saradha chief Sudipta Sen had planned not to return to Calcutta but start a similar business somewhere in western India under a new identity, police sources who claimed to be privy to the details of his interrogation told The Telegraph today.
Sen had abandoned his business empire in Calcutta and fled as the illegal deposit-mobilisation scandal broke following Saradha’s failure to repay thousands of depositors. He was arrested in Sonamarg, Kashmir, on April 23 and was remanded in a fortnight’s police custody two days later.
Sen has told his interrogators at New Town police station that he “planned to keep moving from one place to another for a few months till the furore quietened down”, an officer at the Bidhannagar police commissionerate said.
“He then planned to start similar money market operations somewhere in the country’s west, either in Rajasthan or Gujarat, with the liquid cash he had siphoned off.”
The police suspect that as Sen crisscrossed large swathes of the country running from the authorities, he handed over huge sums of cash to trusted aides, “some of whom may be hawala operators”, the officer said.
The police claim to have unearthed the full details of the route Sen had taken since reaching Delhi on April 13 after leaving Calcutta on April 10. They said he touched 17 cities in seven states and made a short visit to Nepal, covering more than 5,000km in the 10 days before his arrest.