New Delhi, April 14: The Enforcement Directorate has instructed police in Bengal to send it investigation files related to the Saradha default and inform the agency if those involved in the scam had acquired any property outside India.
“We have sent a letter to Bengal police asking them to share with us the Saradha files. We have found several irregularities after going through the business and personal transactions of Saradha Group chairman Sudipta Sen and the company’s various investment schemes,” a senior ED official said in Delhi.
The official added that the ED’s probe had revealed that some documents seized by the agency had hinted at Sen’s links with politicians. The ED is trying to find out the value of the various Saradha properties that have been attached for paying back the duped investors.
The Saradha Group’s investments are being probed by a host of agencies, including the Securities and Exchange Board of India, the income tax department and investigation units under the ministry of corporate affairs.
The Supreme Court had recently observed that the “entire system” in Bengal seemed to have “crumbled” under the Saradha default conspiracy and wondered whether the probe should be shifted to the CBI. The bench has posted the matter for further hearing on April 16 and has directed the state to furnish all details on various individuals’ roles in the larger conspiracy.
The ED, which is under the finance ministry, had last year registered a money laundering case against the group to probe allegations of financial irregularities.